Al Jazeera Arabic reported that the platform Binance recorded net outflows of $3.64 billion after withdrawals resumed. According to the channel, the resumption of withdrawals followed a breach that was described as historic and valued at $6.3 billion. The channel also reported, in the headline of its report, that funds left the platform within hours. It is not yet clear what the exact time frame of the outflows is, or where the figures come from. In a separate item, the channel said that losses at three cryptocurrency platforms exceeded $8 billion. The names of the two other platforms included in the loss calculation are not clear. Nor is it clear how the breach occurred or who is responsible for it.
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Binance Records $3.64 Billion in Net Outflows After Withdrawals Resume, Al Jazeera Arabic Reports
Al Jazeera Arabic: The resumption of withdrawals followed a breach described as historic and valued at $6.3 billion
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In 30 seconds
- According to Al Jazeera Arabic, Binance recorded net outflows of $3.64 billion after withdrawals resumed.
- According to the channel, the resumption of withdrawals followed a breach described as historic and valued at $6.3 billion.
- According to the headline of the channel's report, funds left the platform within hours.
- In a separate item, the channel said losses at three cryptocurrency platforms exceeded $8 billion.
Short summary of reporting by other outlets. Read the full original reporting via the links below.
Sources & attribution
- Al Jazeera Arabic3.64 مليارات دولار تغادر بينانس خلال ساعات بعد اختراق تاريخيPrimary source