Binance resumes withdrawals following $6.3 billion breach

Binance has resumed withdrawals after a $6.3 billion breach, with 95% of stolen assets covered. The company has resumed supporting withdrawals in phases, depending on network and asset type, but users may experience temporary delays or longer processing times due to high traffic volume. Binance has not passed on the losses to users and is still working to cover the remaining affected assets, which are less liquid in the market and take longer to source at the required scale. The company will publish a more in-depth incident report when its investigation is complete.