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Binance users withdraw billions after record crypto hack

BBC Technology's headline. Reported by BBC Technology, BBC Business, BBC News, BBC News World, The Independent, MyJoyOnline.

File picture: Julia Maudlin from Lake Oswego, Oregon, USA via Wikimedia Commons, CC BY 2.0

What BBC Technology reported

The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets.

The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.

Binance users withdraw billions after record crypto hack. The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. Covered by 6 publications. BBC Technology: Binance users withdraw billions after record crypto hack. BBC Business: Binance users withdraw $3.6bn after record crypto hack. BBC News: Binance users withdraw billions after record crypto hack. BBC News World: Binance users withdraw $3.6bn after record crypto hack. The Independent: Binance users withdraw over $4bn as crypto exchange reopens after record hack. MyJoyOnline: Binance users withdraw $3.6bn after record crypto hack.

Who is covering it

  1. BBC Technology United Kingdom Binance users withdraw billions after record crypto hack The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. 7 h ago · Tier 1
  2. BBC Business United Kingdom Binance users withdraw $3.6bn after record crypto hack The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. 7 h ago · Tier 1
  3. BBC News United Kingdom Binance users withdraw billions after record crypto hack The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. 7 h ago · Tier 2
  4. BBC News World United Kingdom Binance users withdraw $3.6bn after record crypto hack The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. 4 h ago · Tier 2
  5. The Independent United Kingdom Binance users withdraw over $4bn as crypto exchange reopens after record hack About 95 per cent of the stolen cryptocurrencies ‌have been recovered, Binance says, as the platform seeks to reassure customers 3 h ago · Tier 3
  6. MyJoyOnline Ghana Binance users withdraw $3.6bn after record crypto hack Binance customers withdrew a net $3.64bn (£2.72bn) of assets from the world's largest cryptocurrency exchange as it reopened on Sunday following a record hack last week. 5 h ago · Tier 3

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

More from Technology

File picture: Tim Reckmann from Hamm, Deutschland via Wikimedia Commons, CC BY 2.0
Breaking Business · Crypto 2 publications

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. Summary from 2 sources

Sources differ: CNBC World gives the net outflow as $3.64 billion, while Bloomberg Markets gives $3.6 billion.

Summary from 2 sources Bloomberg Markets first also CNBC World

File picture: Nminow via Wikimedia Commons, CC BY-SA 3.0
Breaking Business · Crypto 3 publications

Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack

According to The Guardian, cryptocurrency exchange Binance says it has replaced 90% of the amount stolen in a record $6.3bn hack of its platform. The Guardian reported that Binance expects withdrawals to resume on Sunday. The FBI has identified the group behind the hack as North Korean state-sponsored group TraderTraitor, according to the same reporting. The three Guardian editions surveyed (UK, World and Business) carry the same core account, with the Business edition describing withdrawals as starting to resume. The sources supplied do not include further detail on the hack's mechanics or the wider impact. Summary from 3 sources

Sources differ: The Guardian Business edition says withdrawals are starting to resume on Sunday, while the UK and World editions say they are expected to resume.

Summary from 3 sources The Guardian Business first

File picture: Tall Black via Wikimedia Commons, CC BY-SA 4.0

Binance restores withdrawals globally bringing relief to more than 30 African markets as $6.3 billion hack triggers $3.6 billion global exodus

Binance has begun restoring cryptocurrency withdrawals after covering 95% of the assets stolen in a record $6.3 billion cyberattack, reopening access for customers in a global market that includes more than 30 African countries. Excerpt, Business Insider Africa

Source Business Insider Africa