Binance sees spike in withdrawals as exchange returns online after $6.3B heist

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AI Fusion Summary

Binance experienced a spike in withdrawals following its return online after a $6.3 billion heist. The exchange later reported that these outflows were stabilizing, while deposit volumes remained substantial. This sequence of events occurred as the platform resumed operations after the significant theft. The company is now monitoring the flow of assets as users react to the security breach, noting that the initial surge in withdrawals has begun to level off over time.
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