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● LIVE Updated 2h ago · 18 sources tracked

Binance sees more than $4.6 billion in withdrawals after largest crypto hack in history

Binance customers have withdrawn billions of dollars following a record-breaking cyber heist that drained billions from the platform. The platform recorded more than $4.6 billion in withdrawals after restoring normal transaction services. Outflows reached $3.64 billion in net outflows as withdrawals resumed following the incident. Despite the heavy capital flight, the exchange reported that the net outflow represents just 3% of its total holdings.

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  • ✓ Binance customers withdrew more than $4.6 billion after a record-breaking crypto heist.
  • ✓ The FBI stated that North Korea is responsible for the $6 billion cryptocurrency hack.
  • ✓ Binance reported $3.64 billion in net outflows as it resumed normal transactions.
  • ✓ Net outflows represented just 3% of the exchange total holdings according to Binance.
🛡️ Source Corroboration: 18 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Binance resumed withdrawal services for major cryptocurrencies, triggering billions in customer outflows.

Live updates

  1. Binance Faces Massive Withdrawals After Historic Crypto Hack

    Binance customers have withdrawn billions of dollars following a record-breaking cyber heist that drained billions from the platform. The platform recorded more than $4.6 billion in withdrawals after restoring normal transaction services. Outflows reached $3.64 billion in net outflows as withdrawals resumed following the incident. Despite the heavy capital flight, the exchange reported that the net outflow represents just 3% of its total holdings.

    Why it matters

    The security breach ranks as the largest crypto hack in history, drawing intense scrutiny to digital asset security. FBI officials attribute the massive cryptocurrency theft to North Korea. The incident has sent shockwaves through the digital finance sector, prompting comparisons to major traditional financial crises among industry CISOs.

    What is confirmed

    • Binance customers withdrew more than $4.6 billion after a record-breaking crypto heist.
    • The FBI stated that North Korea is responsible for the $6 billion cryptocurrency hack.
    • Binance reported $3.64 billion in net outflows as it resumed normal transactions.
    • Net outflows represented just 3% of the exchange total holdings according to Binance.

    What to watch next

    • Further details on recovery of the stolen funds from the hackers
    • Official regulatory responses to the record-breaking security breach
    Sources used for this update (22)
    1. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
    2. 247wallst.com — 24/7 Wall St. - Insightful Analysis and Commentary for U.S. and Global ...
    3. www.straitstimes.com — Oil edges lower following three days of gains
    4. contents.premium.naver.com — [잠옷입고 경제공부] 세계 무역지도를 바꿀 사건!
    5. www.coinlive.com — Anthropic Wants Users To Stop Bullying Claude — But Who Protects The Users?
    6. cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
    7. WSJ — Behind the Scenes of Crypto’s Biggest Nightmare: a Record-Breaking Cyber Heist
    8. www.datawallet.com — Jack Dorsey Net Worth 2026: Block Shares, SpaceX and Bitcoin
    9. The New York Times — How Binance’s $6.3 Billion Hack Went Down
    10. NPR — A simple explainer of the massive $6.3 billion crypto heist at Binance
    11. Fox Business — North Korea responsible for $6 billion Binance cryptocurrency hack, FBI says
    12. CBS News — Binance resumes withdrawals for some major cryptocurrencies after $6 billion heist
    confidence 95%
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