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$3.64 billion pulled from world’s largest crypto exchange Binance after $6.3 billion heist

$3.64 billion pulled from world’s largest crypto exchange Binance after $6.3 billion heist

$3.64 billion pulled from world's largest crypto exchange Binance after $6.3 billion heist
The world’s largest cryptocurrency exchange is seeing signs of easing withdrawal pressure after customers rushed to move 2.1 per cent of its total assets off the platform

Customers withdrew $3.64 billion from Binance after hackers stole approximately $6.3 billion in cryptocurrency from wallets held at the world’s largest cryptocurrency exchange last week, triggering an initial rush of withdrawals as users moved to protect their assets. Binance said the outflows were now stabilising as it resumed services following the security breach.The withdrawals accounted for around 2.1 per cent of Binance’s total assets. The exchange, which had $171 billion in assets under management as of October 28, said deposit volumes had remained…

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