Bitcoin's price has seen a slight rebound, trading around $77,000. The world's largest cryptocurrency exchange, Binance, resumed withdrawals after a major hacking incident, but the outflow has exceeded $3.6 billion since the resumption.
According to CoinMarketCap, as of 8 a.m. on November 2, Bitcoin was trading at $77,813, up 0.5% from the previous day.
Major cryptocurrencies showed mixed performance. Ethereum rose 0.42% to $2,260, while Binance Coin (BNB) increased by 0.54% to $706.06. In contrast, Ripple (XRP) fell 0.32% to $1.24, and Solana dropped 1.65% to $93.75.
Binance announced via X that it began resuming withdrawals gradually from the previous day. Withdrawals for the initial 15 networks and assets have been fully restored, while testing continues for the remaining networks and assets.
The exchange reported that withdrawal volumes surged immediately after the resumption but have since stabilized, with significant deposits also being recorded.
Efforts are underway to recover stolen assets, with Binance stating that approximately 95% of the affected assets have been replaced. The remaining 5% is taking longer to source due to low market liquidity.
Previously, Binance experienced a hacking incident involving $6.3 billion (approximately 8.4 trillion won) in stolen cryptocurrency. Withdrawals resumed following measures to address the losses, but $3.64 billion (about 4.9 trillion won) has since flowed out.
On October 31, the FBI officially identified the North Korean hacking group 'TraderTraitor' as responsible for the incident. This confirmation follows earlier suspicions of North Korean involvement. The group was also linked to a previous hacking incident involving Bybit.
In South Korea, Bitcoin's price has slightly decreased compared to overseas markets. At the same time, Bithumb reported Bitcoin trading at 10,429,000 won, down 0.22% from the previous day. The 'Kimchi Premium,' which indicates the price difference between domestic and international markets, was recorded at 0.44%.
* This article has been translated by AI.
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