Binance says outflows normalised as North Korea rejects US allegation over heist
Asset outflows from Binance have normalised and the company was in “very strong financial health”, its co-CEO said, as North Korea dismissed as “absurd rhetoric” US allegations that it was behind a $6.3 billion cryptocurrency heist on its platform. The world’s biggest cryptocurrency exchange, whose customers had withdrawn a net $4.72bn as of Monday after it was hit with what could be the largest-ever financial heist last week, has also launched a campaign to stem outflows and woo new users. “In the first 24 hours, there was a spike in terms of withdrawals, as can be expected. But after that …