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Binance Recovers 90% of $6.3B Hack Losses – Withdrawals Set to Resume

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TLDR; Binance recovers 90% of the cryptocurrency stolen in its record-breaking $6.3 billion security breach, with the exchange targeting Sunday, November 1, to resume customer withdrawals. Binance has made further progress in recovering from one of the largest cryptocurrency thefts on record. The exchange also confirmed that customers holding ten major cryptocurrencies are now fully […]
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Binance Hack Rattles Crypto Markets – BNB Drops 8%

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TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below $2,300. More than $1.5 billion in leveraged positions were liquidated as investor sentiment weakened. Binance pledged to cover customer losses and confirmed that approximately $3 […]