Binance reopens withdrawals for dozens more Ethereum and Solana tokens as recovery continues after $6.3B hack Binance has progressively reopened withdrawals for a large batch of Ethereum and Solana tokens as it continues the phased restoration of services following the October 29 hack that saw about $6.3 billion stolen. What happened - In a November 3 update, Binance said the latest recovery phase began at 04:00 UTC and that withdrawals would be enabled progressively as each asset and network passed security and operational checks. - The exchange confirmed withdrawals were resumed for 31 additional assets on Ethereum and 20 on Solana, following an earlier spot reopening of five Ethereum stablecoins. Earlier, on November 1, Binance had already restored withdrawals for Bitcoin and multiple tokens across 15 blockchains. Examples of tokens now available - Ethereum: Ethena (ENA), Ethena USDe (USDE), Pendle (PENDLE), Worldcoin (WLD), Chainlink (LINK), Shiba Inu (SHIB), Ondo (ONDO), Quant (QNT), plus ZRO, FET, ETHFI, REZ, JASMY, STRK, POL, BLUR, wBETH and several smaller assets. - Solana: PUMP, RENDER, RAY, TRUMP, PENGU, JUP, PYTH, BONK, WIF, JTO, as well as USDT, FDUSD and other Solana-based tokens. - Earlier on Nov. 3 Binance also added RLUSD, USD1, TUSD, FDUSD and XUSD on Ethereum—bringing the day’s total restores on ETH to 36 assets. Wider recovery plan - The November 3 phase covers additional blockchains including BNB Smart Chain, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base. Planned restorations cited by Binance include RLUSD on XRP Ledger; USDC and HAEDAL on Sui; ZEN, MIRA, HOME and AWE on Base. BNB Smart Chain restorations are expected to include BTC, ETH, XRP, ADA, LTC, DOGE, LINK, multiple stablecoins and all bSTOCKS products. - Binance has not given a firm completion date. It says tokens are being prioritized by withdrawal demand over the previous week and that each network/asset pair must pass separate security checks before reopening. User guidance and service notes - Deposits remain operational and were not affected by the withdrawal limitations. - Binance warned of possible delays due to increased traffic; users whose withdrawals fail are advised to wait briefly and try again. - Customers should check Binance’s withdrawal page or network status page to confirm whether a given asset is available. Recovery progress and financials - Binance says it had replenished roughly 95% of the crypto stolen in the October 29 exploit by November 1 (90% on Oct. 31; 80% on Oct. 30). - On November 2 the exchange completed a reserve verification for ten major cryptocurrencies—BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC—letting users independently verify reserves for those assets. - The remaining ~5% of stolen assets are said to be less liquid and are taking longer to repurchase. Binance has used its Secure Asset Fund for Users (SAFU), the Futures Insurance Fund and corporate treasury to replace stolen holdings and says it will absorb the losses rather than passing them to customers. The company also plans to rebuild SAFU to about $1 billion. - Binance intends to run another Proof of Reserves snapshot on November 4 covering more cryptocurrencies; generating the cryptographic proof is expected to take roughly 40–50 hours. Leadership message - Co-founder and co-CEO Yi He reiterated on November 2 that Binance is prioritizing the security of its operating environment as it restores customer access. What this means for users - Withdrawals are steadily returning but remain subject to per-asset security checks. If your token is not yet enabled, monitor Binance’s status pages for updates and expect some delays while the exchange completes its phased checks. Read more AI-generated news on: https://app.chaingpt.org/news