00:00Binance has begun restoring withdrawals after a record-breaking $6.3 billion security breach
00:06linked to North Korean hackers. The world's largest crypto exchange initially suspended
00:11withdrawals while it strengthened security, but began bringing services back in phases,
00:16starting with 15 digital currencies including Bitcoin, Ethereum and Solana. Customers pulled
00:22approximately $3.64 billion from the platform, representing 2.1 percent of its assets.
00:29As the exchange worked to reassure users, Binance says it has covered about 95 percent of the stolen
00:35assets and will absorb the financial impact rather than pass losses on to customers.
00:40The incident is testing confidence in one of crypto's biggest exchanges
00:44as it works to restore normal operations.
