Saturday, 14 November, 2026
Rebuilding the Vault: Binance Targets Full Withdrawal Restoration Following Record $6.3B Hack
By TechShots Studio
Following a record $6.3 billion cyberattack linked to North Korean hackers, Binance has reopened withdrawals across 87 networks and aims to restore all remaining assets by the end of next week. The exchange is rolling out access in phases after replenishing 95% of stolen funds and pledging full customer repayment. Amid the recovery, CFO Kaiser Ng departed, with Justin Yek appointed as his replacement.
Read full story at REUTERS