🚨 BINANCE RESUMES WITHDRAWALS IN PHASES! 🚀
Binance is reopening withdrawals today, with Phase 1 scheduled from 06:00 to 09:00 UTC.
Following the reported $6.3 billion wallet incident on October 29, Binance says it will cover all losses and that user funds remain safe. The exchange also claims to have recovered or replaced around 95% of the affected assets.
🔹 Initial withdrawals include BTC, ETH, BNB and selected other coins.
🔹 Heavy traffic may cause processing delays.
🔹 The remaining 5% reportedly involves low-liquidity tokens.
🔹 Security checks will continue throughout the phased reopening.
I believe a gradual reopening is a sensible approach after such a major incident. However, the 95% recovery figure is still Binance's own statement and deserves independent verification.
Security, transparency and user trust must come first!
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