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Binance loses $3.6 billion after $6.3 billion crypto hack: What the massive outflows mean for customers and investors

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Sunday, November 1, 2026 at 6:39 PM · 1 min read
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Binance loses $3.6 billion after $6.3 billion crypto hack: What the massive outflows mean for customers and investors — Mumbai Technology news

The exchange said the movement of funds eased after an initial surge in withdrawals. Binance had temporarily suspended withdrawals following Thursday's hack to investigate the incident and stabilise its systems.

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