The Canada Brief

Tech · 3 d ago

Bitcoin coin

Binance restarts withdrawals in stages after its US$6.3 billion hack

Of the affected assets replaced

95 %

Binance says it has replaced about 95 per cent of the affected assets. "Binance will absorb the financial impact of the stolen funds, not our users," the company said.

Withdrawals are coming back in stages, starting with Bitcoin, Ether and some stablecoin services. High demand could cause delays, and customers whose transactions fail are told to try again after a short wait.

What we know

  • Bitcoin, Ether and some stablecoins reopened
  • Binance found more breach points than one laptop

Not yet

  • Which services reopen next
  • Whether the stolen assets are recovered

Binance says more services will reopen as security checks finish, and it will publish a detailed report once its investigation is complete.