Bitcoin Briefly Tops $78,000 on Binance After Tuesday Selloff
Bitcoin reached 78,063 USDT on Binance on November 3 before slipping back. Coinbase’s BTC/USD quote was about $77,816 at 21:58 UTC.
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Changpeng Zhao says exchanges should share security practices and freeze stolen funds faster. He also wants help from the US and China.
South Korea’s financial regulator urged exchanges to hold more customer crypto offline after the $6.3 billion Binance hack. The current minimum is 80%.
Watcher.Guru attributes the bank security comparison to Binance founder Changpeng Zhao as the exchange responds to its $6.3 billion breach.
DefiLlama shows $2.21 billion in 24-hour net inflows to Binance, reversing the daily outflow trend as longer-period flows remain negative.
Binance reports $193 million in hourly deposits versus $183 million in withdrawals, although cumulative net outflows remain about $5.28 billion.
Kim Yo Jong rejects U.S. attribution of Binance’s $6.3 billion hack, calling the allegations a political provocation, according to Yonhap.
Yonhap reports that Kim Yo Jong called the Binance case a U.S. political provocation, following the FBI’s attribution of the multibillion-dollar theft to North Korea.
Binance has reopened selected crypto withdrawals across 15 networks and added USD, AED, VND, PHP and IDR fiat withdrawals as its recovery continues.
The Secret Service says investigators helped freeze stolen Binance crypto within minutes and are working with federal partners as recovery efforts continue.
DefiLlama shows $4.25 billion in rolling 24-hour net outflows, while Binance reports $3.64 billion left in the first 9.5 hours after withdrawals resumed.
Binance has reopened selected withdrawals across ten networks and says 95% of affected assets are replenished. More routes will follow security checks.
The FBI names TraderTraitor as responsible for Binance’s theft and urges crypto firms to block linked addresses as stolen assets are converted mainly into ETH.