Binance Targets Withdrawals Within 40 Hours After Hack
Richard Teng targets a withdrawal restart within 40 hours of his address and a full reserve report by Monday as Binance rebuilds its infrastructure.
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Inside Binance’s $6.3 billion hack: the wallet-signing attack, frozen assets, withdrawal restart target and questions the final investigation must answer.
CoinDesk traced roughly 18,270 stolen BTC into 19 addresses, highlighting why Bitcoin recovery differs from issuer freezes of stolen stablecoins.
TRM Labs attributes the $6.36 billion Binance theft to North Korea’s TraderTraitor with high confidence, as the exchange’s investigation continues.
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
An unverified breakdown alleges $5.613 billion stolen. Tether and Circle report over $2.3 billion frozen; Binance says user funds are safe.
AXIS trades near $0.14 as ZachXBT alleges insiders received over 76 million tokens and one seller offloaded 42 million on Base.
Santiment reports 14,591 daily active UNI addresses and 13,137 newly active addresses, the largest network-growth spike since September 2020.
Lookonchain flagged a 1,000 BTC transfer worth about $80.19 million from a MARA-labelled address to BitGo, but the movement does not confirm a sale.
Galaxy says Bitcoin’s bear market ended in June, citing its October 22 research, while a failed recovery above the 50-week average could challenge the call.
Ki Young Ju calls fresh Bitcoin capital a bull-market signal as BTC trades near $83,200, up about 2.2% over 24 hours on Coinbase.
Arkham limits free users to the latest 100 transactions per address or entity, moving full history and filtering to Enterprise.
CryptoQuant contributors find renewed accumulation among 1,000–10,000 BTC holders, while weak US spot demand keeps a sustained recovery uncertain.