WASHINGTON, Nov 1 — Binance said today that it had resumed withdrawals after a major hack that affected more than US$6 billion (RM24.3 billion) in funds.
Binance, which is the world’s largest crypto exchange by daily trading volumes, had suspended user withdrawals after the attack.
“First batch network now opened in phase one of withdrawals is $BTC bitcoin network,” Binance said on X.
The company said in an earlier update that it was preparing to resume the first phase of withdrawals between 0600 and 0900 GMT today.
“We are taking a phased approach by prioritising tokens based on the past week data of user demand, so that each network and asset pair can be restored carefully, with stability…






