World

Binance restarts withdrawals after $6.3bn heist

Al Jazeera November 01, 2026 14 views

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Binance, one of the world’s largest cryptocurrency exchanges, has resumed processing user withdrawals after a theft estimated at $6.3 billion forced a temporary suspension of the service.

The U.S. Federal Bureau of Investigation said the attack was carried out by hackers operating from North Korea, linking the heist to the regime’s known cyber‑crime activities.

The massive loss, described by industry observers as one of the biggest crypto thefts on record, prompted Binance to halt withdrawals while it investigated the breach and assessed the security of its platform.

Binance announced that the suspension was lifted after the exchange implemented additional safeguards and confirmed that user funds remained protected.

The incident follows a pattern of high‑profile cyber attacks attributed to North Korean groups, which have repeatedly targeted cryptocurrency platforms to generate foreign currency for the country’s government.

<small>Source: Al Jazeera — read the original story there.</small>

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