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BusinessUpdated 2 hrs ago

Binance hack: Crypto exchange resumes withdrawals after more than $6 billion stolen, sees outflow of $4.7 billion

Image: Mint

Binance resumed customer withdrawals after a $6.3 billion cyber theft, reporting a $3.64 billion net outflow on Sunday. The exchange says it will cover the losses and has replenished 90 percent of stolen funds. The FBI attributes the attack to North Korean hacking group TraderTraitor.

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