According to Cointelegraph, the crypto exchange Binance announced that it has opened phase one of user withdrawal functionality after a hack that cost approximately $6.3 billion. The FBI has attributed the attack to North Korea, per publicly available statements. Binance described the rollout as phased, indicating that withdrawals will proceed in stages rather than all at once. No additional details were provided regarding timing, eligibility criteria, or technical implementation of the phased process. The announcement reflects Binance’s response to the security incident without commenting on recovery efforts, fund allocation, or regulatory actions.
