2 hours ago
Binance Withdrawals Hit $4.65B as Net Outflows Reach $3.64B After Hack
CrimeExchangesBinanceBinance HackBinance Net OutflowsBinance Proof of ReservesBinance Withdrawalsblockchain securityCrypto Exchange Securitycrypto marketcrypto withdrawalsCryptocurrency news
TLDR: Binance processed $4.649B in withdrawals and $1.01B in deposits within a nine-and-a-half-hour window. Net outflows reached $3.64B, representing 2.1% of Binance’s stated $171B in assets under management. Withdrawal volumes peaked after transfers resumed across 15 networks, then eased in 30-minute chart intervals. Binance reported freezing about $3B in stolen assets, while its October 31 [...]
The post Binance Withdrawals Hit $4.65B as Net Outflows Reach $3.64B After Hack appeared first on Blockonomi.
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