Binance resumes Bitcoin withdrawals after $6.3bn hack, says 95% of assets replaced

What happened: Binance resumed Bitcoin withdrawals after a $6.3bn hack, saying 95% of assets had been replaced. The FBI attributed the attack to TraderTraitor, a cyber unit sponsored by the North Korean state. Key numbers: $6.3bn hack; 95% of assets replaced. Why it matters: The FBI said it observed the group converting stolen assets into Ether and expected further attempts to launder the funds. North Korea has repeatedly denied using state-linked cyber units for financial theft. Coverage: 9 outlets in 24h

Binance resumed Bitcoin withdrawals after a $6.3bn hack, saying 95% of assets had been replaced. The FBI attributed the attack to TraderTraitor, a cyber unit sponsored by the North Korean state.

The FBI said it observed the group converting stolen assets into Ether and expected further attempts to launder the funds. North Korea has repeatedly denied using state-linked cyber units for financial theft.