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Investors take out $3.6bn from Binance after record hack that stole billions

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Cryptocurrency exchange has begun to allow withdrawals after $6.3bn theft believed to have come from North KoreaInvestors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance, as it recovers from a record hack in which billions were stolen from customer accounts. The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the likely culprit.

Cryptocurrency exchange has begun to allow withdrawals after $6.3bn theft believed to have come from North Korea

Investors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance, as it recovers from a record hack in which billions were stolen from customer accounts.

The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the likely culprit.

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Binance (PERSON) North KoreaInvestors (LOCATION) North Korea (LOCATION)
Originally published by The Guardian Business Read original →