Binance resumes withdrawals in first phase after major hack
Image: Crypto BriefingBinance started restoring withdrawals on November 1, 2026, with phase one opening between 06:00 and 09:00 UTC. The initial batch includes 15 networks such as Bitcoin, Ethereum, BNB Smart Chain and Solana. The exchange says withdrawals were the only service frozen after the hack and that it will absorb all losses, ensuring users incur no financial loss. Security checks continue before additional networks reopen.
Key points
- Phase one covers 15 networks, including Bitcoin, Ethereum, BNB Smart Chain and Solana.
- The exchange says it will absorb all losses from the hack and users will not suffer financial loss.
- Withdrawals were the only service suspended after the breach and are now reopening after security checks.
Why it matters
Users can move funds again after the hack, with assurance that they will not bear any loss. Ongoing security reviews aim to protect future withdrawals.
Price context · BTC
At publication
$77,886.00
Now
$77,867.00
Change since
−0.02%
7 days · dashed line = publication
Sources · 4 publishers
Crypto Briefing
Tier 2
Binance picks Bitcoin network for first batch of withdrawal reopenings after hack
The Defiant
Tier 1
Binance Begins Reopening Withdrawals With Bitcoin After $6.3 Billion Hack
U.Today
Tier 2
Binance to Resume XRP, Bitcoin, Ethereum and Other Crypto Withdrawals
Coverage timeline
- First reported by Coinpedia
- Also reported by Crypto Briefing
- CryptoVideos brief published
- 2 more publishers added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
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