# Binance Resumes Withdrawals After $6.3 Billion Hack

> Binance restarts crypto withdrawals after $6.3 billion heist, pledging to cover losses.
- Title: Binance Resumes Withdrawals After $6.3 Billion Hack · CNN
- Summary: Binance restarts crypto withdrawals after $6.3 billion heist, pledging to cover losses. Binance resumes withdrawals for 15 cryptocurrencies after a $6.3…
- Keywords: binance, crypto, withdrawals, hack, fbi, north korea, business, finance, Resumes, Billion, CNN
- Source: CNN — https://cnn.com/2026/11/01/business/binance-withdrawals-crypto-heist
- Author: Auzinea Bacon
- Published: 2026-11-01T17:09:34.418+00:00
- Read time: 1 min
- Topics: binance, crypto, withdrawals, hack, fbi, north korea, business, finance
## Binance Resumes Withdrawals
Binance has resumed withdrawals for 15 digital currencies including Bitcoin, Solana, and Ethereum after a $6.3 billion hack.
## Financial Impact Coverage
Binance will absorb $6.3 billion in losses using its Secure Assets Fund for Users, corporate treasury, and Futures insurance fund.
## Stolen Funds Recovery
Federal agencies report North Korean-sponsored group TraderTraitor stole $6.3 billion, converting currencies mainly to Ethereum.
## User Impact Details
95% of stolen funds are covered; 5% of tokens face longer processing times due to lower liquidity.
## Key takeaway

Binance resumes withdrawals for 15 cryptocurrencies after a $6.3 billion hack, absorbing financial impact to protect users.