Binance says resuming withdrawals after major hack
Summary
Binance said it resumed withdrawals in phases on Sunday after a hack that affected more than $6 billion in funds. The company said it would cover the losses, while the FBI blamed North Korea for the attack.Key Facts
- Binance had suspended user withdrawals after the hack.
- The exchange reopened withdrawals first on the Bitcoin network.
- Binance said it would restore access to other networks and assets in stages, with security checks.
- The company said it had set aside more than $6.34 billion to cover losses and that users’ funds remained safe.
- The FBI accused North Korea of carrying out the attack.
- The article said the hack was believed to be the largest crypto heist to date.
- Prices of most major cryptocurrencies fell sharply on Friday after news of the attack.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
