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Binance outflows reach billions as withdrawals resume after $6.3 billion hack

By ChordNews · First written (new coverage , updated )

Binance clients pull $4.7 billion after hack as crypto world studies fallout
Image: investing.com
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Summary

Binance recorded $3.64 billion in net outflows after it resumed withdrawals following a hack of about $6.3 billion, a figure equal to 2.1% of the exchange's total assets, according to CNBC. Investing.com reports that Binance clients pulled $4.7 billion after the hack, as the crypto world studies the fallout. The two figures differ, and the material available does not explain the gap. The Investing.com item was available only as a headline, so its account is limited to that headline.

This continues an earlier story: Binance says about 90% of assets stolen in $6.3 billion hack have been restored

Timeline

  1. CNBC

    Source ↗

    CNBC reports that Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets.

  2. Investing.com

    Source ↗

    Investing.com reports that Binance clients pulled $4.7 billion after the hack, as the crypto world studies the fallout.

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