Binance users withdraw $3.64 billion, just 2.1% of assets, after hack and reopened withdrawals

Binance users withdrew a net $3.64 billion shortly after the exchange resumed withdrawals on November 1, following a major security breach earlier in the week. The outflow represented only 2.1% of Binance’s total assets, which amounted to approximately $171 billion before the incident, according to company data. Withdrawals were restored in phases beginning at 06:00 UTC on November 1. Within the first hours, all 15 networks and assets included in the initial phase became operational by 12:36 UTC, as indicated by Binance’s update on social media.

Source: CoinTurk News