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CatalystCrypto

Crypto Heist: Binance covers 95% tokens, resumes withdrawals

Binance covering 95% of tokens and resuming withdrawals signals recovery after the crypto heist.

What happened: Binance restarted withdrawals for select cryptocurrencies including bitcoin and ether after recovering a substantial amount of stolen funds linked to a North Korean heist. The exchange plans to restore withdrawals for more assets in later phases. Key numbers: $2.9 billion in cryptocurrency was stolen through multiple incidents last year. Why it matters: The recovery let Binance cover 95% of tokens and resume withdrawals, according to the headline. Coverage: 12 outlets in 24h
Binance restarted withdrawals for select cryptocurrencies including bitcoin and ether after recovering a substantial amount of stolen funds linked to a North Korean heist. The exchange plans to restore withdrawals for more assets in later phases.
The recovery let Binance cover 95% of tokens and resume withdrawals, according to the headline.
Sources