Running story, Business
Binance resumes bitcoin, ether withdrawals after recovering 95% of $6.3 billion in crypto theft; check details
What we know so far: 7 reports from 5 outlets, first at 30 Oct, 07:38 IST, latest at 1 Nov, 18:12 IST. Headlines and summaries are quoted from each outlet, oldest first; each links to the original report.
- Friday 30 October
- NDTVBinance Reports Major '$5.9 Billion' Heist, Suspends Deposits, Withdrawals
Neither the company nor industry observers offered any explanation as to how the cyberattack might have occurred.
- The Economic TimesCrypto's biggest heist: $6.3 B stolen in 20 mins
- Saturday 31 October
- NDTVInside World's Largest Crypto Heist: How Binance's $6.3 Billion Was Stolen
The $6.3 billion attack on Binance has raised fresh concerns about the security of cryptocurrency exchanges, with investigators suspecting the involvement of a North Korean hacking group.
- Sunday 1 November
- The Economic TimesBinance to resume withdrawals after funds recovered
- NDTV ProfitCrypto Heist: Binance To Resume Withdrawals After Covering 95% Of $6.3 Billion Theft
The largest cryptocurrency exchange has said that it will restart phase 1 of withdrawals on Sunday after the Federal Bureau of Investigation (FBI) linked the theft to North Korea.
- Hindustan TimesBinance to resume withdrawals after $6 billion hack attempt
The FBI blamed North Korea’s TraderTraitor unit. Binance says it will cover all losses, while major cryptocurrency prices remained relatively steady.
- MintBinance resumes bitcoin, ether withdrawals after recovering 95% of $6.3 billion in crypto theft; check details
Binance resumed withdrawals for 15 cryptocurrencies in phase 1 after using its own funds to cover about 95% of the $6.3 billion stolen in a heist. Details here.