Axim247

Category: binance withdrawals

binance exchangebinance outflowsbinance withdrawalsbitcoin priceCryptoNews

Binance Outflows and ETF Selling Weigh In On BTC

admin 5 Views
TL;DR Bitcoin slipped 0.4% to around $77,900 as investors assessed the fallout from Binance’s $6.3 billion hack as binance outflows pressure BTC’s price. Binance reported $3.64 billion in net outflows during the first nine and a half hours after withdrawals resumed. U.S. spot Bitcoin ETFs recorded $643 million in outflows on Friday, adding to pressure […]
binance exchangeBinance hackbinance recoverybinance withdrawalsCryptoNews

Binance Withdrawals Reopened as Exchange Begins Recovery After $6.3B Hack

admin 3 Views
TLDR Binance withdrawals reopened in phases after its $6.3 billion security breach, with Bitcoin becoming the first network to reopen as the exchange works to restore access to customer funds. Binance has started the first phase of its withdrawal recovery plan after suspending services following Thursday’s massive cryptocurrency theft. The exchange confirmed on November 1 […]