Binance Restores 15 Networks After $6.3B Hack While Outflows Surge to $5.8B

Binance is gradually resuming crypto withdrawals following one of the largest security breaches in the crypto industry’s history, the latest among which are Zcash, TON, and Sui. Meanwhile, billions of dollars are flowing out of the exchange and Binance’s liquidity and user confidence are subject to close scrutiny. Binance’s latest update added withdrawals for ZEC on Zcash, USDT and GRAM on TON, and SUI on Sui . Those are the networks that are linked to Bitcoin, Ethereum, BNB Smart Chain, XRP Ledger, Base, Dogecoin, Optimism, Arbitrum, Tron, Solana, Polygon and Avalanche C-Chain.