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Binance sees $3.6 billion in withdrawals after largest-ever crypto hack

Binance sees $3.6 billion in withdrawals after largest-ever crypto hack

Customers of Binance, the world’s largest cryptocurrency exchange, withdrew $3.6 billion (£2.7 billion) in assets after the platform resumed operations on Sunday following what is believed to be the largest cryptocurrency hack in history, the BBC reported.

The company had suspended all transactions following the incident, which affected digital assets worth $6.3 billion.

Major organisations, including the US Federal Bureau of Investigation (FBI), have accused North Korea of carrying out the cyberattack.

Binance said it had recovered approximately 95% of the assets stolen in the breach, while sourcing the remaining amount could take longer. The exchange has repeatedly pledged to cover all…

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