Binance resumes withdrawals after the largest crypto heist on record | DW News

Binance says customer funds are safe and that it has replenished roughly 95% of the assets stolen in a $6.3 billion hack. The exchange has resumed withdrawals and is publishing a new proof-of-reserves report as scrutiny intensifies. Meanwhile, the FBI says the attack was carried out by the North Korea-linked group TraderTraitor. Jake Moore, Global Cybersecurity Advisor at ESET, explains what customers should watch for and whether the industry faces a broader credibility test.

#dwcurrentaffairs

00:00 - Binance resumes withdrawals after historic crypto heist
00:34 - Market impact and customer trust
01:36 - Binance pledges to cover 95% of losses
02:28 - Proof of reserves and exchange security risks
03:47 - Emerging cyber threats and AI-driven attacks
04:46 - Can the stolen crypto be traced and recovered?
05:58 - FBI links heist to North Korea's Lazarus Group

For more news go to: http://www.dw.com/en/

Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Reddit: https://www.reddit.com/user/DWNews/

Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1