Crypto

Binance THORChain Clash Erupts After $6.3B Hack and Withdrawals Resume

Binance processed $4.65 billion in withdrawals and received $1 billion in deposits after resuming operations.

North Korean hackers stole $6.3 billion, but roughly $2.84 billion in stablecoins was frozen on chain.

THORChain node operators face potential prosecution if they refuse government demands to blacklist hacker addresses.

Binance has already replenished approximately 95% of stolen assets using reserves, insurance, and SAFU funds.

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