Binance users withdraw billions after record crypto hack

Binance users have withdrawn over $4bn following a record hack that impacted $6.3bn worth of digital assets. The crypto exchange had previously frozen transactions in response to the incident. Binance now seeks to reassure its customers as the platform reopens, reporting that approximately 95 per cent of the stolen cryptocurrencies have been recovered. This massive withdrawal follows the security breach, as the exchange works to stabilise operations and restore user confidence after the significant loss.