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Binance Resumes Phased Crypto Withdrawals After $6.3 Billion Exploit
Crypto

Binance Resumes Phased Crypto Withdrawals After $6.3 Billion Exploit

Source Summary

Binance has reopened customer withdrawals following a record $6.3 billion security exploit. Bitcoin withdrawals are leading the first phase of the phased reopening.

Why it matters

The resumption of withdrawals signals Binance's operational recovery from a major security incident that affected customer access to their assets.

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