UAE regulator working with Binance after crypto heist
Exchange claims $6 billion of stolen funds replenished as customers withdraw $5 billion
The UAE’s Financial Services Regulatory Authority (FSRA) said on October 30 that it was working with Binance after the world’s biggest crypto exchange was the subject of the largest-ever crypto heist.
On October 29 at 20:05 UTC, hackers stole approximately $6.3 billion in digital assets from Binance wallets across 10 blockchains in the space of approximately 20 minutes, according to crypto intelligence firm TRM Labs.
The previous record for a crypto heist had been the $1.4 billion that was stolen
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