{"id":18701,"date":"2026-11-02T21:57:43","date_gmt":"2026-11-02T21:57:43","guid":{"rendered":"https:\/\/wildgreenquest.com\/?p=18701"},"modified":"2026-11-02T21:57:43","modified_gmt":"2026-11-02T21:57:43","slug":"how-will-binance-users-respond-after-6-3-billion-record-hack","status":"publish","type":"post","link":"https:\/\/wildgreenquest.com\/?p=18701","title":{"rendered":"How Will Binance Users Respond After $6.3 Billion Record Hack?"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p>Last week, hackers broke into Binance, the world\u2019s largest crypto exchange, and strolled off with $6.3 billion in digital coins. The attack appears to be the biggest crypto heist on record, according to <a rel=\"nofollow\" href=\"https:\/\/www.nytimes.com\/2026\/10\/29\/technology\/binance-hack-crypto.html\" id=\"https:\/\/www.nytimes.com\/2026\/10\/29\/technology\/binance-hack-crypto.html\">The New York Times<\/a>. <\/p>\n<p>But now that withdrawals have reopened, plenty of users are ready to say bye-bye to Binance. Since Sunday, users pulled about $4.65 billion and deposited $1.01 billion, for a net outflow of $3.64 billion, most of it in the first few hours. Binance says that\u2019s just 2.1% of the $171 billion it manages and that activity has since stabilized.<\/p>\n<p>Binance has promised to cover all losses, and <a rel=\"nofollow\" href=\"https:\/\/www.nbcnews.com\/business\/business-news\/fbi-says-north-korea-was-6-billion-binance-crypto-hack-rcna606758\">NBC News<\/a> reports it has already replaced 90% of the stolen funds. The FBI has tied the Binance hack to North Korea\u2019s TraderTraitor unit, and Chainalysis says the attackers may have used AI to speed things up.<\/p>\n<p>\u201cTrust isn\u2019t earned by what you say in good times. It\u2019s earned by what you do in hard times,\u201d co-founder Changpeng Zhao posted on X Sunday.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">12 hours after withdrawals resumed: 2.1% net outflow, with most occurring in the first couple of hours. Over $1 billion in flow, too.<\/p>\n<p>98% choose to stay!<\/p>\n<p>Trust isn\u2019t earned by what you say in good times. It\u2019s earned by what you do in hard times.<\/p>\n<p>Thank you for your trust!\u2026 <a rel=\"nofollow\" href=\"https:\/\/t.co\/r3f6s9c2fy\">https:\/\/t.co\/r3f6s9c2fy<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 BNB (@cz_binance) <a rel=\"nofollow\" href=\"https:\/\/x.com\/cz_binance\/status\/2116954044988354798?ref_src=twsrc%5Etfw\">November 1, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure><\/div>\n<div>\n<p>Last week, hackers broke into Binance, the world\u2019s largest crypto exchange, and strolled off with $6.3 billion in digital coins. The attack appears to be the biggest crypto heist on record, according to <a rel=\"nofollow\" href=\"https:\/\/www.nytimes.com\/2026\/10\/29\/technology\/binance-hack-crypto.html\" id=\"https:\/\/www.nytimes.com\/2026\/10\/29\/technology\/binance-hack-crypto.html\">The New York Times<\/a>. <\/p>\n<p>But now that withdrawals have reopened, plenty of users are ready to say bye-bye to Binance. Since Sunday, users pulled about $4.65 billion and deposited $1.01 billion, for a net outflow of $3.64 billion, most of it in the first few hours. Binance says that\u2019s just 2.1% of the $171 billion it manages and that activity has since stabilized.<\/p>\n<p>Binance has promised to cover all losses, and <a rel=\"nofollow\" href=\"https:\/\/www.nbcnews.com\/business\/business-news\/fbi-says-north-korea-was-6-billion-binance-crypto-hack-rcna606758\">NBC News<\/a> reports it has already replaced 90% of the stolen funds. The FBI has tied the Binance hack to North Korea\u2019s TraderTraitor unit, and Chainalysis says the attackers may have used AI to speed things up.<\/p>\n<p>\u201cTrust isn\u2019t earned by what you say in good times. It\u2019s earned by what you do in hard times,\u201d co-founder Changpeng Zhao posted on X Sunday.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">12 hours after withdrawals resumed: 2.1% net outflow, with most occurring in the first couple of hours. Over $1 billion in flow, too.<\/p>\n<p>98% choose to stay!<\/p>\n<p>Trust isn\u2019t earned by what you say in good times. It\u2019s earned by what you do in hard times.<\/p>\n<p>Thank you for your trust!\u2026 <a rel=\"nofollow\" href=\"https:\/\/t.co\/r3f6s9c2fy\">https:\/\/t.co\/r3f6s9c2fy<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 BNB (@cz_binance) <a rel=\"nofollow\" href=\"https:\/\/x.com\/cz_binance\/status\/2116954044988354798?ref_src=twsrc%5Etfw\">November 1, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/hackers-stole-6-3-billion-from-binance-in-the-biggest-crypto-heist-ever-will-users-get-their-money-back\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, hackers broke into Binance, the world\u2019s largest crypto exchange, and strolled off with $6.3 billion in digital coins. The attack appears to be the biggest crypto heist on record, according to The New York Times. But now that withdrawals have reopened, plenty of users are ready to say bye-bye to Binance. Since Sunday,<\/p>\n","protected":false},"author":1,"featured_media":18702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-18701","post","type-post","status-publish","format-standard","has-post-thumbnail","category-green-brands"],"_links":{"self":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts\/18701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18701"}],"version-history":[{"count":0,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts\/18701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/media\/18702"}],"wp:attachment":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}