Binance net outflows reach $5.3B after hack; CEO says deposits now outpacing withdrawals
Nearly $11 billion left the exchange in 46 hours while the SAFU fund now sits below its own top-up trigger and thinly traded assets delay full replacement of stolen coins.
Read at Coindesk →Full coverage · 5 outlets
- Coindesk · lead
- TheblockBinance completes latest proof of reserves as it works to restore assets, withdrawals after record hack
- CryptoslateBinance says thinly traded tokens are delaying full replacement of stolen assets
- Yahoo FinanceBinance sees $5.3B in net outflows amid crypto hack fallout
- YahooBinance sees $5.3B in net outflows amid crypto hack fallout