Withdrawals of USDC, USDT, ETH, and BNB Resume on Binance After Hot Wallet Breach
Photo: TheCoinrise
The exchange reopened withdrawals for four major assets following a security incident involving its hot wallet infrastructure. Binance has restored withdrawals for four of its most widely used assets following a security breach that forced a temporary suspension. The exchange reopened processing for USDC, USDT, ETH, and BNB, according to reporting from CryptoBriefing and crypto.news published on November 1. The breach reportedly involved a hot wallet, a type of cryptocurrency storage connected to the internet and used for processing day-to-day transactions.
Also reported by Live Bitcoin News.
Source: TheCoinrise
