Binance has announced the phased resumption of withdrawals following a significant security breach that resulted in the theft of $6.3 billion in cryptocurrency. The exchange has managed to recover 95% of the stolen assets and is actively working to source the remaining funds, which are less liquid and more challenging to obtain.
The company had previously frozen all deposits and withdrawals as a precautionary measure to assess the situation and enhance security. Users can expect varying statuses for different assets, with some withdrawals still partially suspended, and potential delays due to increased traffic.