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Binance resumes withdrawals, but crypto attacks keep on coming

Binance resumes withdrawals, but crypto attacks keep on coming

Photo: CoinGeek

By Steven Stradbrooke . Senior writer covering all things blockchain, with a focus on regulatory, legislative and policy developments. TL;DR: Binance resumed withdrawals on November 1 after a record $6.3 billion hack on October 29. The exchange says it has replenished 95% of affected funds, but it hasn’t explained the “additional points of breach.” The FBI blames North Korea’s TraderTraitor group, and laundering continues through cross-chain services like THORChain. Meanwhile, fresh breaches at Mercado Bitcoin, BTCPay, Chainalysis, and others show exploits are growing more frequent and more intense.

Source: CoinGeek

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