BIG NEWS 🚨
🚨 Crypto headline:
Binance Resumes Phased Withdrawals After Record $6.3B Hack Linked to North Korea
What happened:
On Oct 29, Binance suffered the largest crypto exchange hack on record ($6.3B drained from hot wallets). The FBI has attributed it to North Korea’s TraderTraitor group. Binance has replenished 95% of the stolen assets with company funds and began phased withdrawal reopening today (Nov 1), starting with major networks including Bitcoin.
Why traders are watching:
BTC is holding near $77.9K amid the recovery, but early post-reopening flows (reported in the billions) and lingering Fear sentiment could drive volatility as users test the exchange’s solvency and security claims.
#Write2Earn #HotTrends #Crypto #Bitcoin #News
🚨 Crypto headline:
Binance Resumes Phased Withdrawals After Record $6.3B Hack Linked to North Korea
What happened:
On Oct 29, Binance suffered the largest crypto exchange hack on record ($6.3B drained from hot wallets). The FBI has attributed it to North Korea’s TraderTraitor group. Binance has replenished 95% of the stolen assets with company funds and began phased withdrawal reopening today (Nov 1), starting with major networks including Bitcoin.
Why traders are watching:
BTC is holding near $77.9K amid the recovery, but early post-reopening flows (reported in the billions) and lingering Fear sentiment could drive volatility as users test the exchange’s solvency and security claims.
#Write2Earn #HotTrends #Crypto #Bitcoin #News
