Binance Records $3.6 Billion In Net Outflows Since Restoring User Withdrawals

Binance has said it has processed over $3.6 billion in net outflows after the October 29 hack. The Federal Bureau of Investigation (FBI) believes hackers linked to North Korea were behind the exploit. Binance , the world’s largest cryptocurrency exchange, was hacked for $6.3 billion on October 29, forcing the platform to temporarily suspend deposit and withdrawal services. Besides processing just over $4.6 billion in withdrawals, the exchange also processed $1.01 billion in deposits, resulting in a net outflow of $3.64 billion.