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Binance Restarts More Withdrawals as It Recovers From $6.3B Hack

The phased return of withdrawals across major networks marks a critical recovery step, but the scale of the reported breach keeps exchange security in focus.

Binance Restarts More Withdrawals as It Recovers From $6.3B Hack
Binance Restarts More Withdrawals as It Recovers From $6.3B Hack

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.

Related tokens
$BNB $ETH $SOL

Frequently asked questions

  1. 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.

  2. Which networks are included in Binance’s withdrawal restart?

    The update names BSC, Ethereum and Solana, as well as other networks.

  3. 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.

  4. How large was the hack Binance is recovering from?

    The seed reports the hack at $6.3B.

  5. 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.

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 38m ago
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