Binance has re-enabled Bitcoin withdrawals, marking a significant step in its phased security recovery plan. Here's why this matters.
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Crypto exchange Binance has resumed withdrawals of bitcoin and other cryptocurrencies after last week's hacker attack, in which crypto assets worth around $6.3 billion were stolen.
Binance, the world's largest cryptocurrency exchange, which was the victim of a large-scale cyber theft, today restored the ability for customers to withdraw their deposited bitcoins. The company also said on its website that it will gradually restore withdrawals for other cryptocurrencies.