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Binance Reassures Users That $6.3 Billion in Stolen Crypto Is, Like, Pocket Money to Them
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Binance Reassures Users That $6.3 Billion in Stolen Crypto Is, Like, Pocket Money to Them

Gizmodo·Tom McKay·about 2 hours ago
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#gizmodo#technology#binance#crypto#billion
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Crypto exchange Binance is working to reassure users that the $6.3 billion heist pulled on them Thursday isn’t a prelude to another Mt. Gox- or FTX-style implosion.

Binance has assured users that any stolen wallets are covered and all user assets are safe, Reuters reported . The exchange’s decision to halt withdrawals in the wake of the incident had triggered some worry within the crypto community about its overall stability. The company wrote in a second security update on X on Friday afternoon that it is targeting resumption of withdrawals “within approximately 34 hours, subject to the completion of security checks,” or approximately 2:20 p.m.…

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