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Binance sees billions in outflows after $6.3 billion hack

Outlets report that Binance experienced $3.64 billion in net outflows after resuming transactions following a $6.3 billion hack, though single sources add details on asset recovery and attribution.

Reviewed by Emmanuel Nyame
Nov 1, 2026 · 4 sources · 1 min read
Binance t-shirt and bag - 2022-07-09
Photo · Bretwa / Wikimedia Commons · CC BY-SA 4.0 · shown in black and white

At a glance

  • Binance resumed customer withdrawals following a security breach that impacted $6.3 billion in digital assets.1234
  • The cryptocurrency exchange recorded $3.64 billion in net outflows shortly after reopening transactions.23

Binance allowed customers to process withdrawals again following a security incident that affected $6.3 billion in digital tokens.1234

The exchange had temporarily paused transactions after experiencing the massive cryptocurrency breach.124

Upon resuming normal operations, Binance saw an immediate surge in activity, recording $3.64 billion in net customer outflows.23

Where sources agree

  • Binance resumed withdrawals after a security breach4 of 4
  • The hack involved $6.3 billion in digital assets4 of 4
  • Net outflows reached $3.64 billion after reopening2 of 4

Who covered this

1 International3 National

Sources

  1. 1BBC NewsBinance users withdraw billions after record crypto hack ↗
  2. 2CNBCBinance sees $3.64 billion in net outflows as withdrawals resume after massive hack ↗
  3. 3The New York TimesBinance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions ↗
  4. 4TechCrunchBinance resumes withdrawals following $6.3 billion breach ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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