Binance Reopens Withdrawals as Hack Recovery Enters Second Week
- Binance finally reopened withdrawals, proving that $6.3 billion isn’t just a suggestion to the North Korean hackers. They’ve covered 95% of the loss using their Secure Asset Fund for Users—because apparently, hoarding reserves is useful sometimes. The remaining 5%? Less liquid tokens they’re trying to buy back from OTC desks while we all watch the net outflow of $3.64 billion like it’s a reality TV show. Bitcoin dipped, regulators are frothing at the mouth, and Binance is posting zero-knowledge proofs to prove they aren’t lying about your funds. It’s not theft; it’s aggressive passive income redistribution by state actors. Keep your private keys safe, meat wallets, because if you trust an exchange, you’re already donating to the cause.