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Cloud Crypto Desk
2026-11-03
Binance Resumes Withdrawals After $6.3 Billion Security Breach and $4.7 Billion in Outflows
Binance has resumed operations and processed $4.72 billion in net customer withdrawals following a temporary suspension prompted by a $6.3 billion security breach. The exchange reported that withdrawal volumes have begun to stabilize as the platform covers losses from its corporate treasury and reserves.