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FBI blames North Korea’s TraderTraitor for Binance theft

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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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Binance reopens bitcoin and 14 other networks for withdrawals, says 95⁠% of stolen assets replaced

Binance restarted withdrawals on Sunday in a first phase that began with the bitcoin network shortly after 06:00 UTC, followed by ether, BNB and some USDT and USDC routes, across 15 networks in total. The exchange said it has now bought back about 95% of the roughly $6.3 billion taken in last week's hack, up from 90% a day earlier, with the rest made up of less liquid tokens. No date has been set for the second phase, and deposits stayed open throughout. Source: Reuters via Business Standard

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

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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