News · Cryptocurrency & Blockchain
Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings
The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.
This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.
Read the full story at CoinDeskOriginal publisher: CoinDesk
This content is for information only and is not investment advice. See our disclaimers.
Spotted an error? Request a correction · Corrections Policy
Related stories
Binance hack fallout, U.S. midterms and jobs report: Crypto Week Ahead
Your look at what’s coming in the week starting Nov. 2.
CoinDesk ·
OKX draws $445M in net inflows as Binance outflows exceed $7B
OKX led cryptocurrency exchanges with $445 million in daily inflows, while Binance processed about $7 billion in net outflows.
Cointelegraph ·
China’s Communist Party calls for a crackdown on corruption that uses crypto and blockchain
China's Communist Party has named virtual currency and blockchain in a new anti-corruption call.
CoinDesk ·
Why stealing billions from a crypto exchange can be harder to stop than a bank theft
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.
CoinDesk ·
Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
Cointelegraph ·
Bitcoin ETFs lost $643 million in outflows Friday, and 2026 is barely green now
The first trading day after the Binance hack saw the biggest ETF outflow since June 25.
CoinDesk ·