The exchange says 90% of the roughly $6.3 billion lost in the record breach is now covered and that withdrawals will resume in phases starting with bitcoin.

Resumption of withdrawals is the first concrete sign the exchange is stabilizing after the largest crypto heist on record.

Attribution to a North Korea-linked group points to state-sponsored actors behind the largest crypto heist to date.

The buyback commitment is meant to reassure users the exchange can absorb the shortfall from the breach.

US law enforcement involvement and stablecoin issuer freezes signal a coordinated effort to trace and recover funds.

Regulators are using the breach to argue for tighter US jurisdiction over offshore trading venues.

Open-market repurchases of stolen assets could add sizable buy pressure to bitcoin, depending on how the exchange executes them.

The breach has become a partisan flashpoint over crypto oversight ahead of US elections.

Automated laundering of the proceeds complicates recovery efforts and raises questions about exchange controls.

BTC traded higher on the reassurance that losses are largely covered, a sign contagion fears are easing.

Rival exchanges are tightening defenses as the industry reassesses custody and operational risk.

The joint proposal would end the community grants' 8% block-reward cut and move about $61 million of ZEC to a reserve for future miner payouts.

The breach has renewed scrutiny of account abstraction features and delegation risks on Ethereum.

The accumulation by Digital Currency Group ahead of a Grayscale ETF ruling is a notable bet on ZEC demand.

The scale of stolen BTC holdings underscores the unprecedented size of the breach relative to corporate treasuries.

Market participants argue bitcoin's muted reaction reflects a more mature market than past exchange failures.

On-chain and derivatives data show how large holders adjusted exposure during the breach.

The proposal adds to a broader debate over Zcash's funding model as token holders weigh the treasury overhaul.