Binance has resumed bitcoin and ether withdrawals after covering the bulk of the stolen $6.3 billion. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, the exchange covered the majority of the stolen funds and allowed customers to withdraw bitcoin and ether. However, the exact amount reimbursed and the remaining loss have not been disclosed.
Earlier, Binance temporarily suspended bitcoin and ether withdrawals. The reason was the theft of funds totaling $6.3 billion. Exchange representatives took measures to resolve the situation and achieved coverage of most of the stolen amount.
Currently, Binance customers can again withdraw bitcoin and ether. This decision was the result of steps aimed at restoring the exchange's financial stability and preserving user trust.
The incident again raises security issues in the cryptocurrency market. The fact that Binance, one of the world's largest crypto exchanges, faced such an incident may cause concern among market participants. Nevertheless, the exchange's ability to reimburse the stolen funds demonstrates its financial capabilities.
According to Reuters, the exchange's operations continue as normal. However, details of how the theft was carried out and who was responsible have not yet been made public.