CoinTelegraph
Binance will reopen withdrawals for more assets across BSC, Ethereum, Solana and other networks from 04:00 UTC today, as it recovers from last week’s $6.3B hack.
Why it matters
Restoring withdrawals is a key step toward normal operations after a breach of this scale. The restart spans several major blockchain networks, including BSC, Ethereum and Solana.
Market impact
The announcement gives users a timetable for access to more withdrawals, but the hack’s reported $6.3B scale keeps attention on Binance’s recovery and exchange security. The update does not specify which assets are included or how quickly the remaining services will return.
Frequently asked questions
-
When will Binance reopen withdrawals for more assets?
Binance says withdrawals for more assets across BSC, Ethereum, Solana and other networks will reopen from 04:00 UTC today.
-
Which networks are included in Binance’s withdrawal restart?
The update names BSC, Ethereum and Solana, as well as other networks.
-
Why are Binance withdrawals being reopened in phases?
Binance is recovering from last week’s reported $6.3B hack. The announcement describes a reopening for more assets rather than a full return of all withdrawals.
-
How large was the hack Binance is recovering from?
The seed reports the hack at $6.3B.
-
Does the update identify every asset whose withdrawals will resume?
No. It says withdrawals will reopen for more assets but does not name the assets or give a timeline for all remaining withdrawals.
WuBlockchain
TheBlock
CryptoSlate
Lookonchain
CoinDesk