Skip to content
Search stories
-64 Cryptopulse -64 of 100, Risk-off.
Sign in
← Back to feed

Binance covers 90% of $6B hack losses, sets Nov 1 withdrawals

Binance covers 90% of $6B hack losses, sets Nov 1 withdrawals
AI summary

Binance says it has covered 90% of the losses from a $6 billion hack and plans to allow withdrawals starting Nov 1. The exchange's recovery efforts could support market confidence and stabilize liquidity, which may influence Bitcoin prices amid ongoing volatility. Traders will watch whether the withdrawal timeline holds and whether reserves remain sufficient.

Most read · 72h