
Binance began restoring withdrawals in phases after hackers stole $6.3 billion from the exchange. The company said it had replaced 95% of affected users' crypto and resumed withdrawals for 15 networks and assets in the first phase.
6:46 PMPYMNTS3 stories from 2 sources
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Binance began restoring withdrawals in phases after hackers stole $6.3 billion from the exchange. The company said it had replaced 95% of affected users' crypto and resumed withdrawals for 15 networks and assets in the first phase.
6:46 PMPYMNTS
OPay postponed its planned New York Stock Exchange listing because of an ongoing inquiry by a regulatory authority. The digital financial platform had been expected to pursue a valuation of about $4 billion.
6:02 PMPYMNTS
Summary
Binance began restoring withdrawals in phases after hackers stole $6.3 billion from the exchange. The company said it had replaced 95% of affected users' crypto and resumed withdrawals for 15 networks and assets in the first phase.
Binance is treating restitution as a liquidity and trust problem, not only a security incident.
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The response may stabilize Binance, but it also raises the standard for exchange reserves, security, and customer protection.
2 stories · 2 sources

Summary
OPay postponed its planned New York Stock Exchange listing because of an ongoing inquiry by a regulatory authority. The digital financial platform had been expected to pursue a valuation of about $4 billion.
The regulatory inquiry has stopped OPay's public-market debut at the final step, putting its valuation,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A last-minute suspension could make investors more cautious about fintech IPOs with complex regulatory exposure.
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