Binance says phase one of withdrawals opens after $6.3B hack
Summary
Binance reopened Bitcoin withdrawals as the first phase of restoring services after a hack that reportedly stole about $6.3 billion. The exchange said it will bring back assets and networks gradually, prioritizing user demand while completing stability and security checks. It warned users to expect congestion, longer processing times and temporary delays. Binance had said it replenished 90% of the stolen assets and planned to resume withdrawals.
