02-11-2026 01:13 via WN.com - World News

Binance's 5 Trillion Won Net Outflow After Hack

After the world’s largest cryptocurrency exchange, Binance, resumed customer fund withdrawals halted due to a hack, nearly 5 trillion Korean won flowed out within half a day. The company stated it has covered most stolen assets with its own funds and withdrawals are stabilizing, but it faces scrutiny over whether it can recover customer trust following the largest-ever cryptocurrency hack. According to Bloomberg News and cryptocurrency-focused...
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