Binance targets full reopening of withdrawals by next week

Binance plans to restore withdrawal access across the networks and assets still unavailable by the close of next week, Business Recorder reported on Saturday. The exchange said it had already brought back withdrawals on 87 networks during the current week, as it gradually resumes services following last month’s security breach.

The attack resulted in $6.3 billion in stolen tokens, and Binance says it has made up 95% of that amount. The FBI and Binance have blamed North Korea, while Pyongyang rejects the allegation; blockchain investigators have pointed to a North Korean group called TraderTraitor. Binance has pledged to reimburse customers in full, and its finance chief Kaiser Ng departed after the theft, with Justin Yek taking over the role.