Oct 31, 2026
Binance resumes withdrawals after covering 95% of $6.3 billion hack losses
Binance announced it will resume cryptocurrency withdrawals in phases starting November 1, after replenishing approximately 95% of the $6.3 billion stolen in what appears to be the largest crypto exchange hack on record. The exchange is using its SAFU reserve, futures insurance fund, and corporate treasury to cover losses.
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