Photo via Al Jazeera

Binance restarts withdrawals after $6.3bn heist

Read the original at Al Jazeera ↗
Cite

Al Jazeera Staff. (2026, November 1). Binance restarts withdrawals after $6.3bn heist. Al Jazeera. https://www.aljazeera.com/news/2026/11/1/binance-restarts-withdrawals-after-6-3bn-heist?traffic_source=rss

Dated from the outlet's own feed. Check the original for its byline.

Al Jazeera · collected 2026-11-01 · by Al Jazeera Staff

Quick Summary

Binance has restarted customer withdrawals after temporarily suspending them following a $6.3 billion cryptocurrency theft, the largest in history according to US authorities who blame North Korea for the attack. On Sunday, Binance announced they had replaced about 95% of stolen assets and would cover the financial loss themselves rather than passing it on to users. The exchange plans to gradually restore services starting with major cryptocurrencies like Bitcoin and Ether, while cautioning that high demand might cause delays.
Written by AI on 2026-11-01, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

As of November 1, 2026, Binance, the world's largest cryptocurrency exchange, has resumed withdrawals for some major cryptocurrencies like Bitcoin and Ethereum after hackers stole approximately $6.3 billion in digital funds on October 29. The Federal Bureau of Investigation (FBI) attributed the theft to North Korea. In response to the hack, Tether froze over $1.567 billion worth of its digital currency and Circle, issuer of USD Coin, also halted assets related to the incident. Binance reassured users that their funds are safe and will cover all losses from the attack using company funds.

Written for “Binance Hack and FBI Investigation” on 2026-11-02, grounded in this article and the 65 other(s) covering the same event.

Story

📰 Binance Hack and FBI Investigation
Technology · 66 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 14% of its claims. Each row says how that neighbour differs.
South China Morning Post
Hedges 2 of 6 claims Outlet record 63/100
CBS News
Hedges 0 of 12 claims Outlet record 66/100
Dawn
Hedges 4 of 19 claims Outlet record 72/100
CBC News
Hedges 2 of 10 claims Outlet record 60/100
New York Post
Hedges 1 of 13 claims Outlet record 66/100
The Guardian
Hedges 2 of 15 claims Outlet record 66/100
Dawn
Hedges 7 of 32 claims Outlet record 72/100
The Straits Times
Hedges 7 of 33 claims Outlet record 66/100
ABC News (US)
Hedges 1 of 9 claims Outlet record 70/100
Dawn
Hedges 6 of 39 claims Outlet record 72/100
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
14
sentences that state something as happening or true
Uncertain
14%
2 of 14 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
60/100
Al Jazeera's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
66
Technology
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-01 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Al Jazeera · 4647 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

Al Jazeera Staff
824 article(s) here · 1 carrying a prediction
🔮 If confirmed, Iotova would become Bulgaria’s first elected female president.
🔮 “The flammable substance was so greasy that I could feel it spreading across my skin,” he said.
🔮 Mayor Yousef al-Jabari told Al Jazeera on Saturday that daily economic losses were estimated to exceed 12 million shekels ($3.8m), with more than $1.9m worth of damage to infrastructure, along with losses in the health and environmental sectors estimated at about $160,000.
🔮 AJB is strengthening its presence across social media, with short-form videos and explainers that will quickly give audiences key information and context around major regional and global developments, as well as the introduction of podcasts.
🔮 Recommended Stories list of 4 items- list 1 of 4Ukrainian evacuees from Russian-occupied Oleshky reunite with family - list 2 of 4A Gulf non-aggression pact could be the path forward - list 3 of 4Bulgarians vote in presidential run-off amid Black Sea tensions - list 4 of 4Why is Morocco celebrating the defeat of a UN resolution on Western Sahara?
🔮 She left that position in December after a court ruled she could not legally serve in the role.
🔮 Recommended Stories list of 3 items- list 1 of 3Students topple Vucic’s government in Serbia - list 2 of 3Serbia after Vucic: Who will be PM and when will a government be formed? - list 3 of 3What European students can learn from their Serbian peers Prosecutor Nenad Stefanovic said the two were suspected of abusing their offices and failing to uphold their duties, “thus causing prejudice and serious harm to the rights of Belgrade’s former police chief”, Veselin Milic.
🔮 Burnham wrote in an opinion article in The Guardian on Friday that Britain would also work on debt restructuring for the poorest countries, marking an historic turn in London’s stance.
🔮 : What’s happened, when will it end?
🔮 According to the US government, people may vote early in person in most states by visiting designated polling stations.
Wire or desk byline, not an individual reporter.
Also by Al Jazeera Staff
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 824 articles by Al Jazeera Staff →

Topics

Binance FBI Germany North Korea United States

Subjects

Binance ORG · 4× FBI ORG · 3× North Korea GPE · 3× 4Bulgarians NORP · 1× Bybit ORG · 1× Germany GPE · 1× India GPE · 1× New Delhi GPE · 1× TraderTraitor ORG · 1× United States GPE · 1×

Narrative

Recommended Stories list of 4 items- list 1 of 4Photos: Youth-led rallies sweep Germany - list 2 of 4Bulgarians vote in presidential run-off amid Black Sea tensions - list 3 of 4Mediators continue US-Iran negotiations amid war rhetoric: What we know - list 4 of 4Thousands rally in New Delhi to demand India’s election chief resign
framing: assertive · carried by 1 article(s) · first seen 2026-11-01
🔮 “Binance will absorb the financial impact of the stolen funds, not our users,” the company said in a statement on X on Sunday.
2026-11-01 · Al Jazeera
Binance restarts withdrawals after $6.3bn heist · assertive framing

Claims (14 extracted, 2 hedged)

Binance has begun restoring customer withdrawals after hackers stole about $6.3bn in cryptocurrency in a record theft that United States authorities have blamed on North Korea. asserted
authorities → begin → Korea
The world’s largest cryptocurrency exchange resumed some of its services on Sunday, following a suspension imposed after Thursday’s attack as the company investigated the breach and carried out security checks. asserted
company → resume → checks
Recommended Stories list of 4 items- list 1 of 4Photos: Youth-led rallies sweep Germany - list 2 of 4Bulgarians vote in presidential run-off amid Black Sea tensions - list 3 of 4Mediators continue US-Iran negotiations amid war rhetoric: What we know - list 4 of 4Thousands rally in New Delhi to demand India’s election chief resign asserted
we → lead → chief
Binance said it had replaced approximately 95 percent of the affected assets. asserted
it → say → assets
“Binance will absorb the financial impact of the stolen funds, not our users,” the company said in a statement on X on Sunday. asserted
company → absorb → Sunday
Withdrawals are being restored in stages, with major cryptocurrencies such as Bitcoin and Ether, along with some stablecoin services, being reopened. asserted
cryptocurrencies → restore → services
The exchange warned that high demand could cause delays as services return, advising customers whose transactions fail to try again after a short wait. uncertain
transactions → warn → wait
It said further services would reopen as security checks were completed, while teams continued working with law enforcement and industry partners to trace and recover the stolen assets. asserted
teams → say → assets
FBI blames North Korea The FBI said on Saturday that North Korea was responsible for the theft, identifying the operation as cyber-activity it tracks under the name TraderTraitor. asserted
it → blame → TraderTraitor
Investigators had observed the attackers converting stolen assets primarily into ether, the cryptocurrency used on the Ethereum network, the agency said. asserted
agency → observe → network
It warned that further laundering was expected through decentralised finance platforms and instant cryptocurrency exchange services. asserted
laundering → warn → platforms
The FBI previously attributed the theft of approximately $1.5bn from cryptocurrency exchange Bybit in February 2025 to the same actors. asserted
FBI → attribute → actors
Binance initially said a compromised employee laptop might have enabled the intrusion, but later reported that investigators had also uncovered additional points of breach. uncertain
investigators → say → breach
The company said its investigation remained ongoing and that it would publish a detailed report once the inquiry was complete. asserted
inquiry → say → report
💬Give feedback
🕘History 🎫Support