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PropMarketCapFRESHExchanges and infrastructure

Binance has opened the second stage of withdrawals: the crypto exchange is recovering after a $6.3 billion hack

From 07:00 Moscow time on November 3, Binance is again letting money out according to a new list of assets. This is the second stage of unblocking after the largest hack in the exchange's history, which caused withdrawals to be stopped completely.

PropMarketCapFRESHExchanges and infrastructure

$3.64 billion left the Binance crypto exchange in 9.5 hours after withdrawals opened

Binance resumed withdrawals after the largest crypto hack in history at $6.3 billion and in the first nine and a half hours paid out a net $3.64 billion. The exchange itself calls this 2.1% of its assets.

PropMarketCapFRESHExchanges and infrastructure

Binance recovers 90% of stolen funds: crypto exchange prepares for relaunch on November 1

After $6.3 billion was stolen from the exchange's wallets, Binance stated that it has returned about 90% of the withdrawn assets and aims to resume operations on November 1. Full cryptographic proof of reserves is promised by November 3.

PropMarketCapFRESHExchanges and infrastructure

Largest theft in crypto history: Binance crypto exchange reserved its $6.34 billion

Late in the evening on October 29, about $6.3-6.4 billion across 10 blockchains was withdrawn from Binance's hot wallets (network-connected storage from which client payouts are made). This is the largest theft in the industry's history - roughly four times larger than the $1.5 billion Bybit hack in February 2025.