Cryptocurrency exchange Binance experienced significant user withdrawals totaling approximately $3.6 billion following a major cyberattack. The outflows occurred as users reacted to what has been described as a record-breaking cyber heist on the platform.
The Federal Bureau of Investigation (FBI) has identified North Korea as responsible for a $6 billion cryptocurrency hack targeting Binance. This incident represents one of the largest cyber thefts in the crypto industry's history.
Binance has since brought its exchange back online, with reports indicating that net outflows are stabilizing after withdrawals resumed. The company is navigating the aftermath of the substantial security breach. This is a developing story and will be updated as details emerge.
