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Binance opens transactions after historic crypto heist ‘north’ of six billion dollars

Binance opens transactions after historic crypto heist ‘north’ of six billion dollars

Binance has started allowing cryptocurrency withdrawals again after losing $6.3 billion worth of digital assets in one of the biggest crypto heists so far.

For those catching up, the $6.3 billion theft reportedly took place in around 20 minutes on October 29, following which Binance suspended withdrawals across several networks.

Binance is gradually reopening withdrawals

In what is a phased reopening of its services, Binance is initially allowing withdrawals for 15 cryptocurrencies, including Bitcoin, Ether, Dogecoin, and certain USDC and USDT stablecoins. The exchange says it is prioritizing tokens based on customer demand over the past week. As for the stolen assets, Binance has used its Secure…

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