Binance records $5 billion in user withdrawals following major security breach

Binance users have withdrawn approximately $5 billion from the cryptocurrency exchange since it resumed operations following a major security breach. The incident, which occurred last week, resulted in losses totaling $6.3 billion.

According to reports, the breach has been attributed to actors linked to North Korea. The subsequent outflow of funds represents a significant movement of assets by users in the immediate aftermath of the security failure.

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