BEARISH 85 Cointelegraph 1H ago · 1 min read

$3.6B leaves Binance as withdrawals reopen after record hack; THORChain founder resists FBI freeze

AI summary

Binance reopened withdrawals after the largest hack in crypto history, with $3.6 billion flowing out of the exchange on reopening. Separately, THORChain's co-founder argued the protocol should not halt to comply with FBI demands to freeze coins. The scale of the outflows signals lasting damage to confidence in Binance, while the THORChain dispute raises questions about protocol-level censorship resistance.

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Narrative history

1 linked story · 2 outlets · since 1 Nov

1H AGO

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$3.6B leaves Binance as withdrawals reopen after record hack; THORChain founder resists FBI freeze

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