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Binance Restores Withdrawals After Largest Crypto Theft

Binance, the world's largest cryptocurrency exchange, began restoring withdrawals after a $6.3 billion theft from hot wallets on October 29. The exchange reported that around 95% of affected assets have been replaced. The FBI confirmed that North Korea's TraderTraitor group was behind the theft, which occurred in less than 20 minutes. Withdrawals were reopened in phases, starting from 06:00 UTC on November 1, with the first phase covering 15 networks and the remaining networks to follow once security checks are complete.

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