Binance Details $3.6 Billion in Net Outflows
Bloomberg Markets's headline. Reported by Bloomberg Markets, CNBC World.
What the sources say, in brief
According to CNBC World, Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets. Bloomberg Markets reported a net outflow of $3.6 billion in cryptoassets after customer withdrawals were restored on Sunday, following what it described as the largest cyber theft in history, attributed to North Korean hackers. The two outlets differ on the outflow figure, with CNBC giving $3.64 billion and Bloomberg rounding to $3.6 billion. The sources do not give a date for the hack or the withdrawal restoration beyond Sunday.
Key points
- CNBC World reported Binance recorded $3.64 billion in net outflows after resuming withdrawals.
- CNBC World said the outflows followed a $6.3 billion hack and represent 2.1% of total assets.
- Bloomberg Markets reported a net outflow of $3.6 billion in cryptoassets.
- Bloomberg Markets said customer withdrawals were restored on Sunday.
- Bloomberg Markets attributed the largest cyber theft in history to North Korean hackers.
Sources differ: CNBC World gives the net outflow as $3.64 billion, while Bloomberg Markets gives $3.6 billion.
Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 1.
Binance Details $3.6 Billion in Net Outflows. According to CNBC World, Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets. Bloomberg Markets reported a net outflow of $3.6 billion in cryptoassets after customer withdrawals were restored on Sunday, following what it described as the largest cyber theft in history, attributed to North Korean hackers. The two outlets differ on the outflow figure, with CNBC giving $3.64 billion and Bloomberg rounding to $3.6 billion. The sources do not give a date for the hack or the withdrawal restoration beyond Sunday. Covered by 2 publications. Bloomberg Markets: Binance Details $3.6 Billion in Net Outflows. CNBC World: Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack.
Who is covering it
- Bloomberg Markets United States Binance Details $3.6 Billion in Net Outflows Binance posted a net outflow of $3.6 billion in cryptoassets after restoring customer withdrawals on Sunday, following the largest cyber theft in history attributed to North Korean hackers. Bloomberg's Suvashree Ghosh breaks down the latest developments. (Source: Bloomberg) 3 h ago · Tier 1
- CNBC World United States Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets. 7 h ago · Tier 3
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