Binance says 90% of the stolen assets have been recovered and plans to resume withdrawals on Sunday, while Bitcoin shows unexpected resilience.

The world’s largest crypto exchange, Binance, announced that it has begun the first phase of user withdrawals following the record‑breaking $6.3 billion hack that the FBI attributes to a North Korean group. The company said roughly 90% of the missing assets have been replenished and that the initial batch of withdrawals is slated for Sunday.

Recovery and withdrawal schedule

• Binance reports that 90% of the stolen funds have been restored
• Phase‑one withdrawals are expected to start on Sunday
• The exchange is moving funds back to user wallets in stages

Market reaction and related crypto news

• Bitcoin held up better than many analysts expected after the breach, according to the CEO of Strive
• The hack prompted a rapid scramble by the attackers, who tried to shift billions before the assets could be frozen
• Separately, two Texas brothers received 15‑year prison terms for an armed crypto robbery and kidnapping

What traders are watching next

• Whether Binance can fully restore the remaining 10% of assets and lift all withdrawal limits
• Potential further statements from the FBI or U.S. authorities on the North Korean involvement
• Bitcoin’s price trajectory amid concerns that October could become the worst month in 12 years as tech sell‑offs spill into gold

Related news

• Ethereum enters technical buy zone after Binance hack scare
• Bitcoin white paper marks 18 years, small firms still foot bailouts
• FBI confirms north korea's role in $6 billion binance hack, asks defi community to block btc, eth, sol addresses
• Binance covers 90% of hack losses and aims to resume withdrawals on Sunday

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This article is compiled from international market news for information only. It is not investment advice.