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Binance Reports $3.64 Billion in Net Outflows After Reopening Withdrawals Post-Hack
(3 hours ago) · 1 source · Summarized by CryptoBipto
Binance experienced $3.64 billion in net outflows after reopening withdrawals following what has been described as a record hack. The exchange had previously paused withdrawals in response to the security incident. The scale of the outflows suggests significant user concern following the breach.
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A cryptocurrency exchange is like a bank where people store their digital money.
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SOURCES
- theblock.co
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Exchange SecurityBinanceCrypto HacksUser WithdrawalsCentralized Exchanges
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