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Binance Recovers 90% of $6.3B Hack Losses – Withdrawals Set to Resume

Published Source: BitcoinistRead original

Crypto Insight Summary: TLDR; Binance recovers 90% of the cryptocurrency stolen in its record-breaking $6.3 billion security breach, with the exchange targeting Sunday, November 1, to resume customer withdrawals. Binance has made further progress in recovering from one of the largest cryptocurrency thefts on record. The exchange also confirmed that customers holding ten major cryptocurrencies are now fully […] Crypto Insight Analysis: Direction: Bullish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Recovery of stolen funds and resumption of withdrawals restores confidence in Binance.

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Binance Recovers 90% of $6.3B Hack Losses – Withdrawals Set to Resume — Crypto Insight