Binance resumes withdrawals for some cryptocurrencies after heist
Summary
Binance resumed withdrawals for several cryptocurrencies on Sunday after a hack stole more than $6 billion in assets. The FBI said North Korea was responsible and warned that the stolen funds were being converted and could be laundered through other services.Key Facts
- Binance began restoring withdrawals in phases after suspending them following the hack.
- By 5 a.m. Eastern, withdrawals had resumed for Bitcoin, Ether, BNB, XRP, Base, Doge and Optimism.
- Binance said it would restore more assets and networks after completing security checks.
- The company said it would use its own funds to cover 90% of the losses by buying replacement tokens.
- The FBI said North Korea was responsible for the theft, which it said occurred around October 29, 2026.
- The FBI attributed the hack to TraderTraitor, a group it also blamed for a $1.5 billion theft from Bybit last year.
- The FBI said the group was converting stolen assets into Ethereum and urged companies to block transactions linked to addresses used in laundering.
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