Binance reopens withdrawals after $6.3 billion hack

Bitcoin Magazine reports that Binance has reopened withdrawals following a hack attributed to North Korea, which resulted in $6.3 billion in losses. T...

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Bitcoin Magazine reports that Binance has reopened withdrawals following a hack attributed to North Korea, which resulted in $6.3 billion in losses. The exchange claims to have covered 95% of these losses and maintains reserves for the remaining 5%. Post-mortem reviews will continue as part of the recovery process.

AI-assisted source briefing. Based on the Bitcoin Magazine report; not independently verified.

Source published: Mon, 02 Nov 2026 14:57:34 +0000

[Read the original report](https://bitcoinmagazine.com/news/binance-reopens-withdrawals-hack)

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