Are Customers Fleeing Binance? Over $4.65B Withdrawn After Record Hack

Binance said it processed about $4.649 billion in withdrawals after it reopened following a record hack. Customers pulled more than $4.6 billion from Binance within hours of the exchange reopening withdrawals. The exchange reopened on Sunday, Nov. 1, after a record hack of around $6.3 billion on Thursday, Oct. 29. Binance added that it processed $4.649 billion in withdrawals and $1.01 billion in deposits between 6 a.m. and 3:30 p.m. UTC on Nov. 1. That left a net outflow of about $3.64 billion.