Binance’s tracked assets rose by $3.4 billion in two days after withdrawals gradually resumed on November 1, 2026. The increase followed the theft of roughly $6.3 billion in tokens from the exchange’s hot wallets on October 29, an attack attributed to the North Korea-linked TraderTraitor group. Binance froze withdrawals, committed more than $6.34 billion to cover the losses and restored about 95% of the affected assets, while partners froze nearly $3 billion in stolen funds. After initial net outflows of $3.64 billion, equal to approximately 2.1% of its $171 billion in assets under management, the rebound in flows suggests customers are regaining confidence, although part of the increase may reflect token purchases made to replenish reserves.
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