Binance posts $11 billion withdrawals in 46 hours after hack, reports net outflow of about $5.3 billion
CEO Richard Teng said hourly deposits were overtaking withdrawals as the exchange reopened services and drew down about half its SAFU bitcoin reserve.
Read at Cryptoslate →Full coverage · 7 outlets
- Cryptoslate · lead
- CoindeskBinance net outflows reach $5.3 billion after record hack. CEO says recovery underway
- Yahoo FinanceBinance Withdrawals Accelerate To $10.97 Billion
- TOKENPOSTBinance deposits overtake withdrawals, signaling possible easing of hack fallout
- The Straits TimesBinance estimates US$6.3b hacked in crypto’s biggest heist; North Korea said to be behind attack
- India WeeklyBinance loses nearly $11 billion in customer withdrawals after $6.3 billion hack
- MSNBinance sees outflows stabilising as exchange returns online after $6.3 billion heist