Binance targets full reopening of withdrawals by next week

Binance aims to restore withdrawals across all remaining networks and assets by the end of next week, as the cryptocurrency exchange continues to normalise operations after a major security breach. The incident matters because the $6.3 billion theft has raised questions about digital asset security and Binance’s ability to protect customers.

The company said it reopened withdrawals for 87 networks this week and began restoring access in stages earlier this month. Binance says it has covered 95 per cent of the stolen tokens and has vowed to repay customers in full. The FBI and Binance have blamed North Korea, which denies responsibility; investigation firms have linked the attack to a group called TraderTraitor.