FT
Binance loses $6.3 billion in Thursday’s largest-ever crypto theft
- •About $3 billion was frozen by crypto companies; roughly $2.4 billion in Bitcoin and Ethereum remains beyond their control, the article says.
- •Binance says it has set aside $6.34 billion to cover the loss and had replaced about 80% of the stolen coins by Friday night.
- •Withdrawals remained paused; Binance said they would resume in phases within about 34 hours, subject to security checks. It planned to publish proof-of-reserves results by November 2.
- •TRM Labs and Chainalysis said they had high confidence North Korea’s TraderTraitor group was responsible.