Binance resumes Bitcoin, Ether withdrawals after $6.3 billion crypto hack linked to North Korea

Binance, the world’s largest cryptocurrency exchange, resumed withdrawals of Bitcoin, Ether and some stablecoins on Sunday. The decision came after hackers stole cryptocurrency worth around $6.3 billion from the platform.

Binance said it had covered around 95% of the stolen amount by using its own company funds to buy replacement tokens. The exchange also said withdrawals of other affected cryptocurrencies would resume in phases, as reported by Reuters.