Hacking Binance more complex than thought, funds to be withdrawn again within 45 hours

Binance confirmed a major security breach involving unauthorized withdrawals, leading to $6.3 billion stolen, marking the largest hack in crypto history. The exchange has frozen $3 billion and will cover losses from its SAFU fund. Initial speculation pointed to a hacked employee laptop, but further investigations suggest a complex attack possibly linked to North Korean hackers. Despite the scale of the breach, the impact on Dutch investors is expected to be minimal, as Binance has been banned in the Netherlands since 2023. Following the incident, cryptocurrency values have significantly dropped, with Bitcoin and Ethereum experiencing notable declines. Binance plans to provide a detailed explanation of the attack's mechanics after the investigation.