Withdrawals from cryptocurrency exchange Binance have begun to stabilize as the platform resumes operations following a security breach that resulted in the theft of $6.3 billion in assets.
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The US Federal Bureau of Investigation (FBI) said a North Korean cyber unit was behind the attack.
Customers withdrew $3.64 billion, equivalent to 2.1% of the platform's total assets. Binance said deposit volumes remained "substantial" and that it had so far covered 95% of the stolen assets.
The pace of withdrawals represented an early test of customer confidence in the platform, the world's largest cryptocurrency exchange, which has approximately 335 million registered users.
Its assets stood at $171 billion as of October 28.
Ari Redbord, Global Head of Policy at TRM Labs, said the withdrawals reflected a "precautionary reaction" rather than a flight of capital.
In an effort to contain the fallout from the breach, Binance announced that it would absorb the financial impact of the incident, allocating approximately $6.34 billion in company funds to cover the losses through its Secure Asset Fund for Users (SAFU) and financial reserves.
The platform said covering the remaining 5% of the stolen assets would take longer due to their lower liquidity. It added that it had begun gradually restoring withdrawals, prioritizing the most frequently requested assets, including Bitcoin, Ether, and stablecoins.
On Saturday, the FBI announced that the North Korean-linked group "TraderTraitor" was responsible for the attack. The bureau said it had detected the transfer of stolen assets into Ether and expected further money-laundering activities.
The FBI said the attack took place late Thursday and lasted approximately 20 minutes. Analysts also pointed to similarities between the incident and previous cyberattacks attributed to North Korean hacking groups.
However, US President Donald Trump said Washington had not yet confirmed North Korea's responsibility for the breach.
The incident comes amid a rise in cryptocurrency thefts. Researchers at TRM Labs reported that hackers stole approximately $2.9 billion worth of cryptocurrency last year through around 150 attacks.
