Binance Resumes Withdrawals After Hack; Report Says More Than $4 Billion Pulled
More than $4 billion in assets was withdrawn from cryptocurrency exchange Binance after withdrawal services resumed following a hack, according to a report.Cointelegraph reported on November 1 that Binance resumed withdrawals after a $6.3 billion hacking incident and that users pulled large amounts of assets from the platform.The report said withdrawals from Binance after services resumed exceeded $4 billion.The specific composition of the withdrawn assets, the period covered by the tally and the actual losses from the hack were not separately confirmed.