AI Brief
- Binance reported that hourly deposits surpassed withdrawals by 0300 GMT on Tuesday, indicating stabilising customer activity.
- The update follows a major security breach at Binance last week.
- Over US$6 billion in assets were withdrawn from the cryptocurrency exchange as a result of the hack.
BINANCE said hourly deposits exceeded withdrawals by 0300 GMT on Tuesday, signalling that customer flows were stabilising after a hack last week.
The breach resulted in more than US$6 billion of assets being drained from the cryptocurrency exchange.