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Binance net inflows turn positive; withdrawals expand

Binance recorded $2.3 billion in net inflows over 24 hours as it expanded withdrawals after a $6.3 billion hack. It led the centralized exchanges tracked by DefiLlama for that period, reversing more than $7 billion in 24-hour net outflows recorded earlier. Withdrawals had been suspended after the hack and were being restored in phases; only some fiat-currency withdrawals had reopened.

Binance said it had replaced about 95% of the affected assets and pledged to cover losses without passing them on to customers. The FBI attributed the attack to North Korea, which denied responsibility.

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