🔓 Binance Starts Phase 2 Withdrawals
🔓 Binance began phase 2 of crypto withdrawals after the hack, rolling out step by step from 04:00 UTC (9:00 a.m. PKT) on Nov 3.
⛓️ Networks in this phase: BSC, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base.
🛡️ Each token is enabled only after security checks, so some (like $HYPE) are not live yet. Alpha and $APT deposits are paused.
💰 Coverage is about 95%. CZ says 100% of funds are set aside, and the last 5% (small coins) is still being bought.
📉 Outflows are slowing: $2.57B on Monday vs $6.1B on Sunday, per DefiLlama data.
🧾 Next proof of reserves (proof that user funds are fully backed) snapshot is due Nov 4.
❓ Has your withdrawal gone through yet? 👇
#Binance #BinanceRecovery #CryptoNews
🔓 Binance began phase 2 of crypto withdrawals after the hack, rolling out step by step from 04:00 UTC (9:00 a.m. PKT) on Nov 3.
⛓️ Networks in this phase: BSC, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base.
🛡️ Each token is enabled only after security checks, so some (like $HYPE) are not live yet. Alpha and $APT deposits are paused.
💰 Coverage is about 95%. CZ says 100% of funds are set aside, and the last 5% (small coins) is still being bought.
📉 Outflows are slowing: $2.57B on Monday vs $6.1B on Sunday, per DefiLlama data.
🧾 Next proof of reserves (proof that user funds are fully backed) snapshot is due Nov 4.
❓ Has your withdrawal gone through yet? 👇
#Binance #BinanceRecovery #CryptoNews
