Blockchain

Binance Reopens Withdrawals as FBI Pins $6B Hack on North Korea

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 18:23:24 UTC.

Briefings

Binance announced the resumption of withdrawals after a massive hack involving $6 billion targeting North Korean users. The platform reported a net inflow of $3.64 billion in the first hours following the incident. A new proof-of-reserves report confirmed that 10 major tokens are fully backed, though the specific backing mechanism for the $6 billion loss remains unverified.

Key points

• Binance resumed withdrawals after a $6 billion hack targeting North Korean users.
• The platform reported a net inflow of $3.64 billion in the first hours post-hack.

Context

Following a significant cyberattack, Binance announced the return of funds to users. The platform's proof-of-reserves report indicates full backing for 10 major tokens, though the specific backing mechanism for the $6 billion loss is unverified.

Limitations

The evidence is limited to Binance's official announcement and a single proof-of-reserves report. The specific backing mechanism for the $6 billion loss is unverified, and the exact scope of the hack beyond North Korean users is not detailed.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 03/11/2026, 03:53:42 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeidldacqolwsynirwpnvp4e6rciuu4haxniuqefahhg4begvnjb5qm