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Binance says 90⁠% of stolen assets replaced, keeps Nov. 1 withdrawal target

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DevelopingThe Binance Hack11 flashes2 stories

Binance said Saturday it has replaced 90% of the roughly $6.3 billion taken from its hot wallet, up from about 80% a day earlier, with its ten most-held assets, including BTC, ETH, USDT and USDC, now fully covered. The exchange still plans to reopen withdrawals token by token on Sunday, Nov. 1, while a full zero-knowledge proof of reserves is expected around Nov. 3 UTC. Source: Cointelegraph

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FBI blames North Korea’s TraderTraitor for Binance theft

The FBI on Saturday attributed the theft of more than $6 billion from Binance to TraderTraitor, the North Korean group it also tied to last year's $1.5 billion Bybit hack. The bureau said most of the stolen assets have been swapped into ether and asked exchanges, analytics firms and node operators to block transactions linked to addresses it published. Source: AP via ClickOrlando

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