$3.64 billion pulled from world's largest crypto exchange Binance after $6.3 billion heist

What happened: Customers pulled funds from Binance after a security breach led to a major cryptocurrency theft. Binance reassured users, resumed withdrawals for several cryptocurrencies, and replaced nearly all stolen assets using its own funds. Key numbers: $3.64 billion withdrawn from Binance; $6.3 billion heist. Why it matters: Binance committed to covering the financial losses from the event, and the broader cryptocurrency market showed signs of recovery after the incident. Coverage: 9 outlets in 24h

Customers pulled funds from Binance after a security breach led to a major cryptocurrency theft. Binance reassured users, resumed withdrawals for several cryptocurrencies, and replaced nearly all stolen assets using its own funds.

Binance committed to covering the financial losses from the event, and the broader cryptocurrency market showed signs of recovery after the incident.