Archive · Business Recorder

Binance says customers pulled net $4.7 billion after hack as crypto world weighs risk

Global Published 2 November 2026, 17:10 · archived 2 Nov 2026

Binance’s customers have withdrawn almost $5 billion from the world’s biggest cryptocurrency exchange since it reopened after a hack that saw $6.3 billion of crypto stolen from the platform in what could be the largest financial heist in history. Customers have withdrawn a net $4.72 billion since a suspension was lifted on Sunday morning, a spokesperson said. The exchange froze withdrawals for about 48 hours after the hack, which the FBI said was carried out by North Korea. Binance said the net outflow amounted to about 2.8% of assets on the platform, a relatively modest figure that analysts s...

ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →