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Binance Begins Second Withdrawal Phase as Exchange Outflows Slow
(17 hours ago) · 1 source · Summarized by CryptoBipto
Binance has reportedly started a second phase of withdrawals following a significant hack. Exchange outflows have slowed compared to the initial withdrawal period, according to reports.
WHY IT MATTERS
When a cryptocurrency exchange gets hacked, it means someone found a way to steal digital assets from the platform — similar to a bank robbery, but in the digital world.
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SOURCES
- cointelegraph.com
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