Company Update
Tracked Binance wallets record $2.5 billion outflows as withdrawals reopen after hack
Binance restored withdrawals on 15 networks after a $6.3 billion breach, with tracked wallets showing $2.51 billion net outflows on November 1. The exchange says it has replenished about 95% of affected assets, though less‑liquid tokens remain unreplenished, leaving recovery of stolen funds uncertain. Threshold’s tBTC remains fully backed but Bitcoin redemptions stay suspended, forcing holders to use secondary markets.