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UGLY CRYPTO GLOBAL

Binance net outflows reach $5.3 billion after record hack. CEO says recovery underway

Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals.

CoinDesk 4 newsrooms Tue, 03 Nov 2026 12:57
Read the original at CoinDesk ↗

Also reported by 3 other newsrooms

CointelegraphBinance’s net inflows turn positive at $2.3B as withdrawals expandThe Hindu · TechnologyHow did Binance recover quickly from the biggest crypto hack in history | ExplainedETtechBinance co-CEO says company is in very strong financial health after $6.3 billion heist