Technology
Binance Resumes Asset Withdrawals After Recovering 95% of $6.3 Billion Hacked Funds
Binance, the world's largest cryptocurrency exchange, has resumed phased withdrawals after recovering 95% of the $6.3 billion in assets lost to hackers. The perpetrators are suspected to be linked to North Korea.
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Binance, the world's largest cryptocurrency exchange, is facing massive customer withdrawals following a record-breaking hack that saw $6.3 billion in digital assets stolen. While the company has covered 95% of the losses, regaining user trust is now a critical challenge.