Binance is preparing to restore customer withdrawals in phases after a reported $6.3 billion hack, but reopening depends on security checks. The exchange has promised proof-of-reserves results by Nov. 2.
Bitcoin fell to a six-week low of $76,368 after the breach and later steadied near $77,000. Bitwise investment chief Matt Hougan predicted its price would recover within a week, while Hashkey Group’s Tim Sun warned the breach may weaken investors’ appetite for risk.
