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Binance restores withdrawals across 87 networks after record $6.3 billion crypto theft

Binance restores withdrawals across 87 networks after record $6.3 billion crypto theft

Binance restores withdrawals across 87 networks after record $6.3 billion crypto theft
Binance targets full reopening of withdrawals by next week

Binance is working towards restoring withdrawal services across all its remaining networks and assets by the end of next week, following a security breach that led to $6.3 billion worth of cryptocurrency being stolen from the exchange last month.The company said it had brought 87 networks back online this week as part of its phased efforts to resume withdrawals. It had begun reopening the service earlier this month after covering 95% of the tokens lost in the attack.“This week, we reopened withdrawals for 87 networks. We will aim to reopen withdrawals for all remaining networks and assets by the end of next week,” Binance said in a post on X on Saturday.The October 29 theft has…

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