Binance Square

binancetoresumephaseoneofwithdrawals

Binance Announcement
·
--
Security Incident | Recovery Update #4: Withdrawals Resume in Phases (2026-11-01)Fellow Binancians, Binance is preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 (UTC). Since the incident, our teams have taken precautionary measures to safeguard the platform, conducted security assessments, and worked to verify the readiness of affected services. We aim to restore withdrawals progressively as we complete security and readiness checks. Deposit services remain open and are not affected by the incident. We understand the concern and disruption the suspension has caused. Restoring access to your funds is a priority, and we are taking a controlled approach to do so safely. We will continue to monitor closely as services return in phases. As we have said throughout this incident: user funds remain safe. Binance will absorb the financial impact of the stolen funds, not our users. Withdrawal Services Resuming in Phases The rollout will be in phases. Phase one will include the following networks and assets which are available for withdrawals progressively. We will share updates via our official X channel. NetworkAsset(s)BTCBTCETHETH, USDT, USDCBSCBNB, USDT, USDCTRXTRX, USDTSOLSOL, USDT, USDCXRPXRPZECZECDOGEDOGETONUSDT, GRAMMATIC (Polygon)POL, USDT, USDCAVAXCAVAX, USDT, USDCARBITRUMETH, USDT, USDC, ARBBASEETH, USDCOP (Optimism)ETH, USDT, USDCSUISUI We are taking a phased approach by prioritizing tokens based on the past week data of user demand, so that each network and asset pair can be restored carefully, with stability and security checks completed before access is reopened. These listed networks and assets above will become available when this first phase of withdrawals resumes, and additional networks and assets will be added once they are ready. Please check the withdrawal page for your selected asset and network, or visit our network status page, to confirm availability. During the initial rollout, users may experience temporary delays or longer processing times due to traffic volume. If a withdrawal for a network or tokens listed above doesn’t go through, you can try again after a short while. This is expected during a phased rollout. We will continue to monitor network and platform performance closely. Why Withdrawals Were Temporarily Paused at the Earlier Stages of the Security Incident Withdrawals were temporarily suspended as a precaution while our teams worked to contain the incident loss, assess its impact, restore affected services, and complete security checks. We did not take this decision lightly. We understand how important reliable access to withdrawals is for our users. However, our priority was to protect users, safeguard the platform, and complete the necessary security checks before restoring services. During this period, our teams have: Conducting enhanced security reviews of affected services;Assessing withdrawal infrastructure and verifying its operational readiness;Working with law enforcement and industry partners to trace and recover stolen funds;Replenishing affected assets using company resources;Monitoring for residual risks. Our recovery commitment remains unchanged. As shared in our previous update, Binance had already covered approximately 90% of the impacted amount, up from approximately 80% in the prior update. All BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC balances are fully backed 100%. You can verify our proof of reserves snapshot on the PoR website. We continue purchasing the remaining affected assets through market and OTC channels. Binance has now covered approximately 95% of the impacted amount, up from 90% in our prior update. The outstanding 5% are tokens outside the top ten listed above, and are less liquid in the market and take longer time to source at the required scale. To Our Users, Partners, and the Broader Industry We recognize how difficult this period has been for our users and the broader Binance community. Thank you for your patience, understanding, and continued trust as our teams worked through this incident with the seriousness it required. We also thank our industry partners for acting quickly to help freeze assets and trace stolen funds. We will continue working closely with them and with law enforcement to support recovery efforts and hold those responsible accountable. Once the investigation is complete, we will publish a post-incident report with further details on the incident. Resuming withdrawals is a major milestone, but our work continues. We will continue strengthening our safeguards, completing the recovery process, and providing updates as progress continues. Our commitment remains unchanged: Binance will bear the financial impact of the stolen funds. These losses will not be passed on to users. Thank you for being part of the Binance community. Thank you for your support! Binance Team 2026-11-01

Security Incident | Recovery Update #4: Withdrawals Resume in Phases (2026-11-01)

Fellow Binancians,
Binance is preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 (UTC).
Since the incident, our teams have taken precautionary measures to safeguard the platform, conducted security assessments, and worked to verify the readiness of affected services. We aim to restore withdrawals progressively as we complete security and readiness checks. Deposit services remain open and are not affected by the incident.
We understand the concern and disruption the suspension has caused. Restoring access to your funds is a priority, and we are taking a controlled approach to do so safely. We will continue to monitor closely as services return in phases.
As we have said throughout this incident: user funds remain safe. Binance will absorb the financial impact of the stolen funds, not our users.
Withdrawal Services Resuming in Phases
The rollout will be in phases. Phase one will include the following networks and assets which are available for withdrawals progressively. We will share updates via our official X channel.
NetworkAsset(s)BTCBTCETHETH, USDT, USDCBSCBNB, USDT, USDCTRXTRX, USDTSOLSOL, USDT, USDCXRPXRPZECZECDOGEDOGETONUSDT, GRAMMATIC (Polygon)POL, USDT, USDCAVAXCAVAX, USDT, USDCARBITRUMETH, USDT, USDC, ARBBASEETH, USDCOP (Optimism)ETH, USDT, USDCSUISUI
We are taking a phased approach by prioritizing tokens based on the past week data of user demand, so that each network and asset pair can be restored carefully, with stability and security checks completed before access is reopened.
These listed networks and assets above will become available when this first phase of withdrawals resumes, and additional networks and assets will be added once they are ready. Please check the withdrawal page for your selected asset and network, or visit our network status page, to confirm availability.
During the initial rollout, users may experience temporary delays or longer processing times due to traffic volume. If a withdrawal for a network or tokens listed above doesn’t go through, you can try again after a short while. This is expected during a phased rollout. We will continue to monitor network and platform performance closely.
Why Withdrawals Were Temporarily Paused at the Earlier Stages of the Security Incident
Withdrawals were temporarily suspended as a precaution while our teams worked to contain the incident loss, assess its impact, restore affected services, and complete security checks.
We did not take this decision lightly. We understand how important reliable access to withdrawals is for our users. However, our priority was to protect users, safeguard the platform, and complete the necessary security checks before restoring services.
During this period, our teams have:
Conducting enhanced security reviews of affected services;Assessing withdrawal infrastructure and verifying its operational readiness;Working with law enforcement and industry partners to trace and recover stolen funds;Replenishing affected assets using company resources;Monitoring for residual risks.
Our recovery commitment remains unchanged.
As shared in our previous update, Binance had already covered approximately 90% of the impacted amount, up from approximately 80% in the prior update.
All BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC balances are fully backed 100%. You can verify our proof of reserves snapshot on the PoR website.
We continue purchasing the remaining affected assets through market and OTC channels. Binance has now covered approximately 95% of the impacted amount, up from 90% in our prior update. The outstanding 5% are tokens outside the top ten listed above, and are less liquid in the market and take longer time to source at the required scale.
To Our Users, Partners, and the Broader Industry
We recognize how difficult this period has been for our users and the broader Binance community. Thank you for your patience, understanding, and continued trust as our teams worked through this incident with the seriousness it required.
We also thank our industry partners for acting quickly to help freeze assets and trace stolen funds. We will continue working closely with them and with law enforcement to support recovery efforts and hold those responsible accountable.
Once the investigation is complete, we will publish a post-incident report with further details on the incident.
Resuming withdrawals is a major milestone, but our work continues. We will continue strengthening our safeguards, completing the recovery process, and providing updates as progress continues.
Our commitment remains unchanged: Binance will bear the financial impact of the stolen funds. These losses will not be passed on to users.
Thank you for being part of the Binance community.
Thank you for your support!
Binance Team
2026-11-01
BASIR SADIQI:
Finally, great news! It's reassuring to see Binance taking full responsibility and protecting user funds. This is why trust matters in crypto! 💪 Can't wait for all networks to be fully operational again. 🛡️
Verified
Article
Binance Begins Phase 1 of Withdrawals (Nov 1, 06:00–09:00 UTC)Priority assets include BTC, ETH, USDT, USDC, BNB, SOL, XRP, and several others. Deposits remain fully operational. Binance has confirmed that user assets are safe and is using its own resources to cover the losses. Approximately 95% of the affected funds have already been replenished. However, users may experience slower processing times due to increased traffic. Looking at the Bigger Picture: How Binance Is Handling the Crisis Putting user protection and asset security first.Taking responsibility by using company resources to cover the losses.Making every effort to maintain operations and restore services under significant pressure.Treating this situation as an opportunity to strengthen its systems and gradually rebuild trust within the community. The gradual restoration of services, the priority given to user assets, and Binance’s commitment to using its own resources to address the losses demonstrate the concrete steps the company is taking to manage the crisis. SAFU is safe! $BNB #binancetoresumephaseoneofwithdrawals .

Binance Begins Phase 1 of Withdrawals (Nov 1, 06:00–09:00 UTC)

Priority assets include BTC, ETH, USDT, USDC, BNB, SOL, XRP, and several others. Deposits remain fully operational.
Binance has confirmed that user assets are safe and is using its own resources to cover the losses. Approximately 95% of the affected funds have already been replenished. However, users may experience slower processing times due to increased traffic.
Looking at the Bigger Picture: How Binance Is Handling the Crisis
Putting user protection and asset security first.Taking responsibility by using company resources to cover the losses.Making every effort to maintain operations and restore services under significant pressure.Treating this situation as an opportunity to strengthen its systems and gradually rebuild trust within the community.
The gradual restoration of services, the priority given to user assets, and Binance’s commitment to using its own resources to address the losses demonstrate the concrete steps the company is taking to manage the crisis.
SAFU is safe!
$BNB
#binancetoresumephaseoneofwithdrawals .
身心平和:
老哥互关一下呗
🚨 Binance withdrawals are BACK,but not all at once! After a record-breaking hack, customer withdrawals are resuming in phases. Here’s what you need to know before you hit “withdraw.” Binance has started reopening customer withdrawals in phases following a record hack. That means access may roll out gradually rather than everyone getting the green light at the same time. If your withdrawal isn’t available immediately, don’t panic but do stay alert and verify everything through official channels. Before you withdraw: ✅ Check official Binance announcements for your account and region—eligibility and timing may vary. ✅ Confirm your withdrawal addresses carefully. Scammers love recovery windows like this. ✅ Expect possible delays or staged access. Phased rollouts are normal in situations like this. ✅ Ignore DMs, fake support accounts, and “unlock your withdrawal” links. Verify only through official Binance channels. ✅ Watch for phishing emails and fake urgency “withdraw now or lose funds” is a classic trap. Withdrawals are coming back in phases, but caution still matters. Don’t rush, don’t trust random links, and don’t let FOMO override security. The smart move is to verify first, then act. 👇 What’s your move withdraw now, wait it out, or watch for more official updates? Drop your take below. $BTC #BinanceToResumePhaseOneOfWithdrawals
🚨 Binance withdrawals are BACK,but not all at once!

After a record-breaking hack, customer withdrawals are resuming in phases.

Here’s what you need to know before you hit “withdraw.”

Binance has started reopening customer withdrawals in phases following a record hack.

That means access may roll out gradually rather than everyone getting the green light at the same time.

If your withdrawal isn’t available immediately, don’t panic but do stay alert and verify everything through official channels.

Before you withdraw:

✅ Check official Binance announcements for your account and region—eligibility and timing may vary.

✅ Confirm your withdrawal addresses carefully.

Scammers love recovery windows like this.

✅ Expect possible delays or staged access.

Phased rollouts are normal in situations like this.

✅ Ignore DMs, fake support accounts, and “unlock your withdrawal” links.

Verify only through official Binance channels.

✅ Watch for phishing emails and fake urgency “withdraw now or lose funds” is a classic trap.

Withdrawals are coming back in phases, but caution still matters.

Don’t rush, don’t trust random links, and don’t let FOMO override security.

The smart move is to verify first, then act.

👇 What’s your move withdraw now, wait it out, or watch for more official updates? Drop your take below.
$BTC

#BinanceToResumePhaseOneOfWithdrawals
cryptogirl007:
Waiting it out. Need to see how $BTC spot volume absorbs this staged unlock flow around key support shelves before shifting balances.
Verified
BINANCE WITHDRAWALS ARE RESUMING — FIRST PHASE IS LIVE! Binance has officially announced that withdrawals have been restored for selected assets and networks: - Ethereum Network: USDC, USDT, ETH - BNB Smart Chain: USDC, USDT, BNB - Bitcoin Network: BTC withdrawals were opened in the first phase. More assets and networks will be restored in phases after security checks are completed. This is an important step toward restoring normal operations. But remember, not every network is open yet. Stay calm, follow official Binance updates, and always double-check the network before making a withdrawal. Security first. Patience matters. #BinanceToResumePhaseOneOfWithdrawals
BINANCE WITHDRAWALS ARE RESUMING — FIRST PHASE IS LIVE!

Binance has officially announced that withdrawals have been restored for selected assets and networks:

- Ethereum Network: USDC, USDT, ETH
- BNB Smart Chain: USDC, USDT, BNB
- Bitcoin Network: BTC withdrawals were opened in the first phase.

More assets and networks will be restored in phases after security checks are completed.

This is an important step toward restoring normal operations. But remember, not every network is open yet.

Stay calm, follow official Binance updates, and always double-check the network before making a withdrawal.

Security first. Patience matters. #BinanceToResumePhaseOneOfWithdrawals
🚨 BINANCE WITHDRAWALS ARE COMING BACK — A MAJOR RECOVERY MILESTONE! After a massive security incident that shook the crypto market, Binance is preparing to resume Phase One of withdrawals on November 1 between 06:00 and 09:00 UTC This is a major step toward restoring user confidence and normal platform operations The first phase will gradually reopen withdrawals across major networks including BTC ETH BNB SOL XRP DOGE and several others 🔥 The Bigger Picture Binance says it has covered approximately 95% of the affected assets and will absorb the financial impact of the stolen funds rather than passing the losses to users However this is not a full reopening yet Withdrawals will return in phases following security checks and some transactions may experience delays during the initial rollout The key question now is whether Binance can restore full withdrawal access while rebuilding market confidence Do you think this recovery milestone will strengthen trust in Binance or will users remain cautious? Source: Binance's official recovery update published November 1, 2026.[binance.com](https://www.binance.com/en/support/announcement/detail/73911fb819b240f88b88256bdd318eda?utm_source=chatgpt.com) #binancetoresumephaseoneofwithdrawals $BNB {spot}(BNBUSDT)
🚨 BINANCE WITHDRAWALS ARE COMING BACK — A MAJOR RECOVERY MILESTONE!

After a massive security incident that shook the crypto market, Binance is preparing to resume Phase One of withdrawals on November 1 between 06:00 and 09:00 UTC

This is a major step toward restoring user confidence and normal platform operations

The first phase will gradually reopen withdrawals across major networks including BTC ETH BNB SOL XRP DOGE and several others

🔥 The Bigger Picture

Binance says it has covered approximately 95% of the affected assets and will absorb the financial impact of the stolen funds rather than passing the losses to users

However this is not a full reopening yet

Withdrawals will return in phases following security checks and some transactions may experience delays during the initial rollout

The key question now is whether Binance can restore full withdrawal access while rebuilding market confidence

Do you think this recovery milestone will strengthen trust in Binance or will users remain cautious?

Source: Binance's official recovery update published November 1, 2026.binance.com

#binancetoresumephaseoneofwithdrawals $BNB
Square-Creator-c0fa03737e77e5d06b5b:
a confinça foi quebrada... não acredito que isso se reestabelessa
·
--
Bullish
#binancetoresumephaseoneofwithdrawals 🚨 BINANCE WITHDRAWALS PHASE 1 IS LIVE TODAY! 🛡️⚡ 3-Hour Window: Phase 1 runs from 06:00 to 09:00 UTC, focusing on major assets like BTC, ETH, and BNB. 95% Replenished: Binance reports that 95% of the stolen funds have already been covered by corporate reserves, with zero user financial impact. Expect Heavy Traffic: Processing times may be slower as safety checks run step-by-step. Stay Safe: Beware of phishing links—only use official Binance announcements! ⚠️ 💬 YOUR TURN: Are you withdrawing today or waiting? Drop your thoughts below! 👇 "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE" $AVAX {future}(AVAXUSDT) $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) #BinanceRestoresWithdrawalsForEthereumNetwork&BNBSmartChain #BinanceUpdatesProofofReservesAddresses #BinanceSAFUFundTransferCompleted7499BTC #BinanceSquare
#binancetoresumephaseoneofwithdrawals
🚨 BINANCE WITHDRAWALS PHASE 1 IS LIVE TODAY! 🛡️⚡

3-Hour Window: Phase 1 runs from 06:00 to 09:00 UTC, focusing on major assets like BTC, ETH, and BNB.

95% Replenished: Binance reports that 95% of the stolen funds have already been covered by corporate reserves, with zero user financial impact.

Expect Heavy Traffic: Processing times may be slower as safety checks run step-by-step.

Stay Safe: Beware of phishing links—only use official Binance announcements! ⚠️

💬 YOUR TURN: Are you withdrawing today or waiting? Drop your thoughts below! 👇

"CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE" $AVAX
$BTC
$ETH

#BinanceRestoresWithdrawalsForEthereumNetwork&BNBSmartChain #BinanceUpdatesProofofReservesAddresses #BinanceSAFUFundTransferCompleted7499BTC #BinanceSquare
Arge_ar:
no pienso mover un solo centavo, por el contrario seguire apostando a la plataforma que brinda un servicio mas transparente y seguro que un banco, en donde al menos argentina si hay un robo menor no te notifican automaticamente y te cubren, ahora si el robo es mayor te notifican pero te cubren hasta un maximo , asi que prefiero estar aca donde me cubrieron todo!
"Can I still get my coins out?" Yep, you can now. Binance is turning withdrawals back on in batches. BTC is up first, and so far coins are moving out fine🙏🙏 More details are coming out about the day of the hack too. Yi He says she learned about it from her X feed, and by the time she logged on, her team was already dealing with it. The security and wallet folks are allowed to block stuff without waiting for the higher-ups to say yes. A few minutes later they had a war room going, and 100+ people from around the world piled in. Now that withdrawals are open, people are stuck on a new question: keep your money there or pull it? If Binance can get hit, is anywhere else really safer? #BinanceToResumePhaseOneOfWithdrawals #YiHe:ProofOfReserves:10TokensAt100%Backing #Binance
"Can I still get my coins out?" Yep, you can now. Binance is turning withdrawals back on in batches. BTC is up first, and so far coins are moving out fine🙏🙏

More details are coming out about the day of the hack too. Yi He says she learned about it from her X feed, and by the time she logged on, her team was already dealing with it. The security and wallet folks are allowed to block stuff without waiting for the higher-ups to say yes. A few minutes later they had a war room going, and 100+ people from around the world piled in.

Now that withdrawals are open, people are stuck on a new question: keep your money there or pull it? If Binance can get hit, is anywhere else really safer? #BinanceToResumePhaseOneOfWithdrawals #YiHe:ProofOfReserves:10TokensAt100%Backing #Binance
Verified
Tough times don't define a company. How it responds does. The past few days haven't been easy for Binance or its community, but I'm genuinely impressed by the response. Withdrawals are now being restored, security remains a priority, and Binance has committed to covering the losses with its own resources rather than passing them on to users. That's what taking responsibility looks like. Huge respect to @CZ for building Binance into what it is today, and to @heyi ,@richardteng , and the entire #binance team for their leadership, hard work, and commitment to users during this difficult period. Anyone can celebrate a company during its best days. Real confidence is tested when things get tough. For me, these past few days have only strengthened my trust in Binance. I've always been with Binance. 💛 #BinanceToResumePhaseOneOfWithdrawals
Tough times don't define a company. How it responds does.

The past few days haven't been easy for Binance or its community, but I'm genuinely impressed by the response.

Withdrawals are now being restored, security remains a priority, and Binance has committed to covering the losses with its own resources rather than passing them on to users.

That's what taking responsibility looks like.

Huge respect to @CZ for building Binance into what it is today, and to @Yi He ,@Richard Teng , and the entire #binance team for their leadership, hard work, and commitment to users during this difficult period.

Anyone can celebrate a company during its best days. Real confidence is tested when things get tough.

For me, these past few days have only strengthened my trust in Binance.

I've always been with Binance. 💛

#BinanceToResumePhaseOneOfWithdrawals
S H A H_:
Putting users first is what really matters.
·
--
cryptogirl007:
Exchanges absorbing structural shocks like that requires serious liquidity management behind the scenes. Let's see
Verified
🚨 Binance Withdrawal Update: $4.649 Billion Processed in Just 9.5 Hours Here's an important update for Binance users following the phased restoration of withdrawals on November 1. Binance began restoring withdrawals at 06:00 UTC, and by 12:36 UTC, withdrawals had resumed across all 15 networks and assets included in the initial phase. Key numbers | November 1, 06:00–15:30 UTC 📊 Withdrawals: $4.649 billion 📊 Deposits: $1.01 billion 📊 Net outflow: Approximately $3.64 billion 📊 Total AUM: $171 billion 📊 Net outflow as a share of AUM: 2.1% Following the initial surge, withdrawal volumes have started declining and stabilising, while deposit activity has remained substantial. Another important development: A new Proof of Reserves snapshot was taken on October 31, with zero-knowledge proof computations underway. The updated report is expected on November 2. Testing of the remaining networks and assets is still ongoing, with further restoration phases expected to be communicated. My takeaway: The numbers are significant, but the bigger picture matters. The reported net outflow represents approximately 2.1% of Binance's total AUM. Withdrawal activity appears to be stabilising, and the next Proof of Reserves update will be worth watching. For users, the priority remains simple: stay informed, verify official updates, and avoid making decisions based on speculation. FYI: Always DYOR (Do Your Own Research) and refer to official Binance announcements for the latest verified information and updates. $BNB {spot}(BNBUSDT) $AAPLB {spot}(AAPLBUSDT) $AMZNB {spot}(AMZNBUSDT) #BinanceToResumePhaseOneOfWithdrawals
🚨 Binance Withdrawal Update: $4.649 Billion Processed in Just 9.5 Hours

Here's an important update for Binance users following the phased restoration of withdrawals on November 1.

Binance began restoring withdrawals at 06:00 UTC, and by 12:36 UTC, withdrawals had resumed across all 15 networks and assets included in the initial phase.

Key numbers | November 1, 06:00–15:30 UTC

📊 Withdrawals: $4.649 billion
📊 Deposits: $1.01 billion
📊 Net outflow: Approximately $3.64 billion
📊 Total AUM: $171 billion
📊 Net outflow as a share of AUM: 2.1%

Following the initial surge, withdrawal volumes have started declining and stabilising, while deposit activity has remained substantial.

Another important development: A new Proof of Reserves snapshot was taken on October 31, with zero-knowledge proof computations underway. The updated report is expected on November 2.

Testing of the remaining networks and assets is still ongoing, with further restoration phases expected to be communicated.

My takeaway: The numbers are significant, but the bigger picture matters. The reported net outflow represents approximately 2.1% of Binance's total AUM. Withdrawal activity appears to be stabilising, and the next Proof of Reserves update will be worth watching.

For users, the priority remains simple: stay informed, verify official updates, and avoid making decisions based on speculation.

FYI: Always DYOR (Do Your Own Research) and refer to official Binance announcements for the latest verified information and updates.

$BNB
$AAPLB
$AMZNB

#BinanceToResumePhaseOneOfWithdrawals
Article
Crypto market analysis after a major attack​🚀 Market Analysis & Outlook: The Post-Hack Path to Recovery ​The Reality Check: The record-breaking breach saw ~$6.34B drained via hot wallet exploits tied to EIP-7702 key delegations. Despite the historic headline figure, key backstops prevented an exchange collapse: ​Asset Containment: Over $2.7B–$3.0B in stolen USDC, USDT, and Ripple were swiftly frozen by Circle, Tether, and partner protocols. ​SAFU Backstop: Binance confirmed customer funds were untouched and pledged full reimbursement via corporate reserves. ​Leverage Wipeout: The market dip was primarily driven by over $600M+ in leveraged long liquidations within 60 minutes rather than spot panicking. ​🔮 Major Coins: Price Impact & Recovery Projections ​1. Bitcoin ($BTC ) ​Current Status: Dropped to the ~$76,400–$77,500 zone following the initial panic. ​Market Behavior: Showed resilience compared to historic exchange crises. Institutional absorption via US Spot ETFs (holding ~1.3M BTC) prevented cascading panic sales. ​Recovery Path: Expect BTC to consolidate in the $76,000–$78,000 range while Binance finishes resuming full withdrawal services. A swift reclaim of $80,000 is projected once on-chain sentiment stabilizes and liquidity flows back from sidelined stablecoins. ​2. Ethereum ($ETH ) ​Current Status: Slid down to ~$2,180–$2,220. ​Market Behavior: Bearish pressure spiked because the attacker held over 195,000+ un-routed ETH following the hot-wallet exploit. ​Recovery Path: ETH faces short-term overhead resistance until the movement of the attacker's wallet addresses is fully contained or tracked. Expect range-bound trading between $2,100 and $2,350 before a steady structural rebound as EIP-7702 security patches are implemented. ​3. Binance Coin ($BNB ) ​Current Status: Pulled back ~6–10%, testing support near $680–$705. ​Market Behavior: Functioned as the primary sentiment barometer. However, unlike historical exchange collapses (e.g., FTT in 2022), BNB did not experience a solvency spiral because no BNB tokens were compromised in the exploit. ​Recovery Path: As Binance proves its proof-of-reserves continuity and processes the withdrawal backlog, BNB is poised for a relief rally toward $740–$760, backed by exchange burn dynamics and SAFU fund assurance. ​4. Solana ($SOL) ​Current Status: Trades around $93–$97 after breaking below $100. ​Market Behavior: Despite $SOL having zero involvement in the breach, high-beta altcoins suffered heavy cross-pair derivative liquidations. ​Recovery Path: Highly responsive to market relief. Once $BTC reclaims $80k,$SOL is expected to outperform altcoins with a fast reclamation of the $110–$120 level. ​💡 Takeaways for Traders ​Self-Custody Rotation: Expect short-term spikes in hardware wallet demand and DEX volume as users temporarily diversify custody risk. ​Watch the Unfreeze: Re-opening of standard deposits/withdrawals on Binance will serve as the final confirmation catalyst to restore full market liquidity. ​Institutional Floor: Strong ETF holdings continue to cushion spot crypto markets from cascading down to systemic lows. #BinanceProcesses$4.65BWithdrawals #WithdrawalsBack: 15 networks live #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #IntelHasItsWorstDaySince1974 {spot}(BTCUSDT) {spot}(SOLUSDT) {spot}(BNBUSDT)

Crypto market analysis after a major attack

​🚀 Market Analysis & Outlook: The Post-Hack Path to Recovery
​The Reality Check:
The record-breaking breach saw ~$6.34B drained via hot wallet exploits tied to EIP-7702 key delegations. Despite the historic headline figure, key backstops prevented an exchange collapse:
​Asset Containment: Over $2.7B–$3.0B in stolen USDC, USDT, and Ripple were swiftly frozen by Circle, Tether, and partner protocols.
​SAFU Backstop: Binance confirmed customer funds were untouched and pledged full reimbursement via corporate reserves.
​Leverage Wipeout: The market dip was primarily driven by over $600M+ in leveraged long liquidations within 60 minutes rather than spot panicking.
​🔮 Major Coins: Price Impact & Recovery Projections
​1. Bitcoin ($BTC )
​Current Status: Dropped to the ~$76,400–$77,500 zone following the initial panic.
​Market Behavior: Showed resilience compared to historic exchange crises. Institutional absorption via US Spot ETFs (holding ~1.3M BTC) prevented cascading panic sales.
​Recovery Path: Expect BTC to consolidate in the $76,000–$78,000 range while Binance finishes resuming full withdrawal services. A swift reclaim of $80,000 is projected once on-chain sentiment stabilizes and liquidity flows back from sidelined stablecoins.
​2. Ethereum ($ETH )
​Current Status: Slid down to ~$2,180–$2,220.
​Market Behavior: Bearish pressure spiked because the attacker held over 195,000+ un-routed ETH following the hot-wallet exploit.
​Recovery Path: ETH faces short-term overhead resistance until the movement of the attacker's wallet addresses is fully contained or tracked. Expect range-bound trading between $2,100 and $2,350 before a steady structural rebound as EIP-7702 security patches are implemented.
​3. Binance Coin ($BNB )
​Current Status: Pulled back ~6–10%, testing support near $680–$705.
​Market Behavior: Functioned as the primary sentiment barometer. However, unlike historical exchange collapses (e.g., FTT in 2022), BNB did not experience a solvency spiral because no BNB tokens were compromised in the exploit.
​Recovery Path: As Binance proves its proof-of-reserves continuity and processes the withdrawal backlog, BNB is poised for a relief rally toward $740–$760, backed by exchange burn dynamics and SAFU fund assurance.
​4. Solana ($SOL)
​Current Status: Trades around $93–$97 after breaking below $100.
​Market Behavior: Despite $SOL having zero involvement in the breach, high-beta altcoins suffered heavy cross-pair derivative liquidations.
​Recovery Path: Highly responsive to market relief. Once $BTC reclaims $80k,$SOL is expected to outperform altcoins with a fast reclamation of the $110–$120 level.
​💡 Takeaways for Traders
​Self-Custody Rotation: Expect short-term spikes in hardware wallet demand and DEX volume as users temporarily diversify custody risk.
​Watch the Unfreeze: Re-opening of standard deposits/withdrawals on Binance will serve as the final confirmation catalyst to restore full market liquidity.
​Institutional Floor: Strong ETF holdings continue to cushion spot crypto markets from cascading down to systemic lows.
#BinanceProcesses$4.65BWithdrawals #WithdrawalsBack: 15 networks live #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #IntelHasItsWorstDaySince1974

cryptogirl007:
Temporary withdrawal pauses on $ESPORTS often trace to internal custodial rebalancing while macro liquidity realigns across emerging assets.
Article
BINANCE RESTORES WITHDRAWALSBinance Restores Withdrawals For Multiple Networks And Assets - Phase One Live, Funds Are SAFU. In a powerful demonstration of resilience and user-first commitment, Binance has officially announced the resumption of Phase One of withdrawals following the security incident that occurred on October 29-30, 2026. The announcement, made on November 1, 2026, marks a critical turning point in what was described as the largest exchange hack in history, with approximately $6.3 billion in digital assets taken from hot wallets. Phase One: What Is Now Live? According to Binance's official Recovery Update #4, withdrawals are resuming in a carefully controlled, phased approach between 06:00 and 09:00 UTC on November 1, 2026. The first phase prioritizes 15 blockchain networks based on recent user demand data, ensuring that the most requested assets are restored first with full stability and security checks. The initial list of networks and assets available for withdrawal includes $BTC Network: BTC $ETH Network: ETH, USDT, USDC BSC Network: $BNB , USDT, USDC Other Major Networks: SOL, XRP, TRX, DOGE, AVAX, POL, ARB, Base, SUI, TON, ZEC and supported stablecoins. Binance confirmed that deposit services remained open throughout the incident and were never affected. Only withdrawals were temporarily suspended as a precautionary measure while security teams worked to contain the loss, assess impact, and complete comprehensive security audits. From 90% to 95% Recovery in 24 Hours What sets this recovery apart is the speed and transparency. In its previous update, Binance announced that 90% of the stolen funds had been replenished. In today's update, that figure has increased to 95%. Binance has reiterated its core promise throughout this crisis: "User funds remain safe. Binance will absorb the financial impact of the stolen funds, not our users." This commitment is backed by the SAFU (Secure Asset Fund for Users) fund, which received an additional $1 billion transfer during the incident response. All user balances including BTC, ETH, USDT, BNB, SOL, USDC, and XRP remain 100% backed. Why The Phased Approach Matters Binance explained that every network requires its own independent security review before withdrawals can safely resume. This is why the rollout is happening in batches rather than all at once. The phased approach prioritizes security over speed, ensuring that each wallet and network undergoes repeated perimeter checks, stability tests, and security verification. The exchange has also cautioned that during the initial rollout, users may experience temporary delays or longer processing times due to high traffic volume. If a withdrawal does not go through immediately, users are advised to try again after a short while and to check the official network status page. Community Response and The Meaning of SAFU The crypto community's response has been overwhelmingly positive. While panic selling was expected, BNB has continued to hold above the $1000 level, demonstrating strong confidence in Binance's infrastructure. The phrase "Funds are SAFU" has once again become a rallying cry, first coined in 2018 and proving its relevance today. Blockchain analytics firms and the FBI have linked the breach to the TraderTraitor group connected to North Korea, according to reports. Despite the scale of the attack, Binance's ability to recover 95% of funds and restore 15 networks within just 72 hours is being called unprecedented in exchange history. A comprehensive proof-of-reserves update is scheduled for November 2, 2026, to further reinforce transparency. Conclusion: Binance is Binancing Actually Other exchanges get hacked and disappear. Binance gets hacked and becomes stronger. The restoration of withdrawals for multiple networks and assets is not just a technical update - it is a statement. It shows why Binance remains the world's number one exchange by volume, trust, and resilience. Phase One is live. More phases will follow as security checks are completed. For now, the message is clear: Withdrawals are resuming, funds are SAFU, and Binance is Binancing. #BinanceToResumePhaseOneOfWithdrawals #BinanceSquareTG #EarningsSeason #BinanceUpdatesProofofReservesAddresses

BINANCE RESTORES WITHDRAWALS

Binance Restores Withdrawals For Multiple Networks And Assets - Phase One Live, Funds Are SAFU.
In a powerful demonstration of resilience and user-first commitment, Binance has officially announced the resumption of Phase One of withdrawals following the security incident that occurred on October 29-30, 2026. The announcement, made on November 1, 2026, marks a critical turning point in what was described as the largest exchange hack in history, with approximately $6.3 billion in digital assets taken from hot wallets.
Phase One: What Is Now Live?
According to Binance's official Recovery Update #4, withdrawals are resuming in a carefully controlled, phased approach between 06:00 and 09:00 UTC on November 1, 2026. The first phase prioritizes 15 blockchain networks based on recent user demand data, ensuring that the most requested assets are restored first with full stability and security checks.
The initial list of networks and assets available for withdrawal includes
$BTC Network: BTC
$ETH Network: ETH, USDT, USDC
BSC Network: $BNB , USDT, USDC
Other Major Networks: SOL, XRP, TRX, DOGE, AVAX, POL, ARB, Base, SUI, TON, ZEC and supported stablecoins.
Binance confirmed that deposit services remained open throughout the incident and were never affected. Only withdrawals were temporarily suspended as a precautionary measure while security teams worked to contain the loss, assess impact, and complete comprehensive security audits.
From 90% to 95% Recovery in 24 Hours
What sets this recovery apart is the speed and transparency. In its previous update, Binance announced that 90% of the stolen funds had been replenished. In today's update, that figure has increased to 95%. Binance has reiterated its core promise throughout this crisis: "User funds remain safe. Binance will absorb the financial impact of the stolen funds, not our users."
This commitment is backed by the SAFU (Secure Asset Fund for Users) fund, which received an additional $1 billion transfer during the incident response. All user balances including BTC, ETH, USDT, BNB, SOL, USDC, and XRP remain 100% backed.
Why The Phased Approach Matters
Binance explained that every network requires its own independent security review before withdrawals can safely resume. This is why the rollout is happening in batches rather than all at once. The phased approach prioritizes security over speed, ensuring that each wallet and network undergoes repeated perimeter checks, stability tests, and security verification.
The exchange has also cautioned that during the initial rollout, users may experience temporary delays or longer processing times due to high traffic volume. If a withdrawal does not go through immediately, users are advised to try again after a short while and to check the official network status page.
Community Response and The Meaning of SAFU
The crypto community's response has been overwhelmingly positive. While panic selling was expected, BNB has continued to hold above the $1000 level, demonstrating strong confidence in Binance's infrastructure. The phrase "Funds are SAFU" has once again become a rallying cry, first coined in 2018 and proving its relevance today.
Blockchain analytics firms and the FBI have linked the breach to the TraderTraitor group connected to North Korea, according to reports. Despite the scale of the attack, Binance's ability to recover 95% of funds and restore 15 networks within just 72 hours is being called unprecedented in exchange history.
A comprehensive proof-of-reserves update is scheduled for November 2, 2026, to further reinforce transparency.
Conclusion: Binance is Binancing Actually
Other exchanges get hacked and disappear. Binance gets hacked and becomes stronger. The restoration of withdrawals for multiple networks and assets is not just a technical update - it is a statement. It shows why Binance remains the world's number one exchange by volume, trust, and resilience.
Phase One is live. More phases will follow as security checks are completed. For now, the message is clear: Withdrawals are resuming, funds are SAFU, and Binance is Binancing.
#BinanceToResumePhaseOneOfWithdrawals #BinanceSquareTG #EarningsSeason
#BinanceUpdatesProofofReservesAddresses
🚨 BINANCE WITHDRAWALS ARE COMING BACK 95% OF STOLEN ASSETS NOW COVERED! A major recovery milestone after the $6.3B security incident. Binance has announced a phased withdrawal restart beginning November 1, between 06:00 and 09:00 UTC. 🟢 Phase 1 includes major networks: BTC, ETH, BNB Chain, TRON, SOL, XRP, DOGE, TON, Polygon, Avalanche, Arbitrum, Base, Optimism and SUI. 📊 The recovery update: • Around 95% of affected assets have been replenished. • The remaining 5% involves less-liquid tokens still being sourced. • Deposits remain available. • Binance says it will absorb the losses, not users. ⚠️ Withdrawals may initially face delays due to high traffic and security checks. Availability will be restored progressively. My take: Reopening withdrawals is an important step, but restoring user confidence will take more than promises. Transparency and consistent security updates matter. Will this recovery restore your confidence in Binance? $XPL #BackedNotBroken:RichardTengSaysUsersBearNoLoss $POWER #YiHe:ProofOfReserves:10TokensAt100%Backing $LSK #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC
🚨 BINANCE WITHDRAWALS ARE COMING BACK 95% OF STOLEN ASSETS NOW COVERED!

A major recovery milestone after the $6.3B security incident.

Binance has announced a phased withdrawal restart beginning November 1, between 06:00 and 09:00 UTC.

🟢 Phase 1 includes major networks:
BTC, ETH, BNB Chain, TRON, SOL, XRP, DOGE, TON, Polygon, Avalanche, Arbitrum, Base, Optimism and SUI.

📊 The recovery update:
• Around 95% of affected assets have been replenished.
• The remaining 5% involves less-liquid tokens still being sourced.
• Deposits remain available.
• Binance says it will absorb the losses, not users.

⚠️ Withdrawals may initially face delays due to high traffic and security checks. Availability will be restored progressively.

My take: Reopening withdrawals is an important step, but restoring user confidence will take more than promises. Transparency and consistent security updates matter.

Will this recovery restore your confidence in Binance?

$XPL #BackedNotBroken:RichardTengSaysUsersBearNoLoss $POWER #YiHe:ProofOfReserves:10TokensAt100%Backing $LSK #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC
#BinanceToResumePhaseOneOfWithdrawals 🚨 BINANCE TO RESUME PHASE ONE OF WITHDRAWALS — RECOVERY PROCESS MOVES FORWARD Binance is preparing to resume the first phase of withdrawal services, marking another important step toward restoring normal exchange operations following the recent security incident. The phased reopening is expected to help users regain access to withdrawal services while Binance continues security checks and infrastructure monitoring. 📊 Why It Matters: • Gradually restoring withdrawals could help ease user concerns and improve confidence in the platform. • Traders will be watching network availability and transaction processing closely. • The speed and stability of the rollout will be important indicators of Binance's recovery progress. 📈 Market Perspective: This development could improve sentiment around Binance and reduce some uncertainty among exchange users. However, traders should remain cautious until withdrawal services operate consistently across supported networks. Bottom Line: Resuming withdrawals is an important recovery milestone, but rebuilding user confidence will depend on consistent operations and transparent security updates. #Binance #CryptoNews #CryptoMarket $ESPORTS $AIN $APR {future}(ESPORTSUSDT) {future}(AINUSDT) {future}(APRUSDT)
#BinanceToResumePhaseOneOfWithdrawals
🚨 BINANCE TO RESUME PHASE ONE OF WITHDRAWALS — RECOVERY PROCESS MOVES FORWARD

Binance is preparing to resume the first phase of withdrawal services, marking another important step toward restoring normal exchange operations following the recent security incident.

The phased reopening is expected to help users regain access to withdrawal services while Binance continues security checks and infrastructure monitoring.

📊 Why It Matters:

• Gradually restoring withdrawals could help ease user concerns and improve confidence in the platform.

• Traders will be watching network availability and transaction processing closely.

• The speed and stability of the rollout will be important indicators of Binance's recovery progress.

📈 Market Perspective:

This development could improve sentiment around Binance and reduce some uncertainty among exchange users. However, traders should remain cautious until withdrawal services operate consistently across supported networks.

Bottom Line: Resuming withdrawals is an important recovery milestone, but rebuilding user confidence will depend on consistent operations and transparent security updates.

#Binance #CryptoNews #CryptoMarket

$ESPORTS $AIN $APR
·
--
Article
🚨 BINANCE WITHDRAWALS RESUME IN PHASES! WHAT USERS NEED TO KNOW🚨 BINANCE WITHDRAWALS RESUME IN PHASES! WHAT USERS NEED TO KNOW A major update for the Binance community! 🔥 After the recent security incident that disrupted cryptocurrency withdrawals, Binance has announced a phased restart of withdrawal services. This is an important development for millions of crypto users who have been waiting for normal withdrawal access. But what exactly is changing? Let's break it down. 👇 🏦 1. Binance Announces Phase One According to Binance's official November 1 announcement, Phase One of withdrawal services was scheduled to begin between 06:00 and 09:00 UTC on November 1. The exchange is restoring services gradually rather than reopening every network at once. The goal is to complete security and stability checks before making each network available. 🪙 2. Which Coins and Networks Are Included? The first phase covers selected assets across these networks: Bitcoin ($BTC )Ethereum (ETH), USDT and USDCBNB Chain ($BNB , USDT and USDC)Tron (TRX and USDT)Solana (SOL, USDT and USDC)XRPZcash ($ZEC )Dogecoin (DOGE)TON (USDT and GRAM)Polygon (POL, USDT and USDC)Avalanche C-Chain (AVAX, USDT and USDC)Arbitrum (ETH, USDT, USDC and ARB)Base (ETH and USDC)Optimism (ETH, USDT and USDC)SUI Not every asset or network necessarily becomes available at the same time. 🔐 3. What Happened to the Security Incident? Binance temporarily suspended withdrawals as a precaution while investigating the incident and securing affected services. In its November 1 update, Binance reported that it had covered approximately 95% of the impacted amount using company resources. The exchange also stated that selected major asset balances, including BTC, ETH, USDT, BNB, SOL, XRP and ZEC, were fully backed by reserves. Binance has committed to absorbing the financial impact rather than passing the losses to users. 📊 4. What Does This Mean for the Crypto Market? The phased reopening is an important step toward restoring confidence. Here are three developments worth watching: Positive signs: Gradual restoration of withdrawal access.Continued security assessments.Progress in replenishing affected assets. Remaining concerns: Possible withdrawal delays during high traffic.Additional networks still awaiting restoration.Investor confidence following the security incident. 🔍 My Take Restoring withdrawals is an important milestone, but security and transparency matter more than speed. Users should avoid panic and verify the availability of their specific coin and network directly on Binance before making a transaction. Never assume that every network is fully operational just because Phase One has started. 💬 Let's Discuss! Do you think Binance will fully restore withdrawal services smoothly? Yes, confidence will return.More security improvements are needed.I want to wait before using withdrawals. Share your opinion below! Follow for more Binance updates, crypto news and market analysis. #BinanceToResumePhaseOneOfWithdrawals #Binance #CryptoNews #Bitcoin #BTC #Ethereum #ETH #bnb #CryptoSecurity #CryptoCommunity #BinanceSquare #writetoearn Disclaimer: This post is for educational and informational purposes only, not financial advice. Always verify official announcements and network status before making transactions.

🚨 BINANCE WITHDRAWALS RESUME IN PHASES! WHAT USERS NEED TO KNOW

🚨 BINANCE WITHDRAWALS RESUME IN PHASES! WHAT USERS NEED TO KNOW
A major update for the Binance community! 🔥
After the recent security incident that disrupted cryptocurrency withdrawals, Binance has announced a phased restart of withdrawal services.
This is an important development for millions of crypto users who have been waiting for normal withdrawal access.
But what exactly is changing? Let's break it down. 👇
🏦 1. Binance Announces Phase One
According to Binance's official November 1 announcement, Phase One of withdrawal services was scheduled to begin between 06:00 and 09:00 UTC on November 1.
The exchange is restoring services gradually rather than reopening every network at once.
The goal is to complete security and stability checks before making each network available.
🪙 2. Which Coins and Networks Are Included?
The first phase covers selected assets across these networks:
Bitcoin ($BTC )Ethereum (ETH), USDT and USDCBNB Chain ($BNB , USDT and USDC)Tron (TRX and USDT)Solana (SOL, USDT and USDC)XRPZcash ($ZEC )Dogecoin (DOGE)TON (USDT and GRAM)Polygon (POL, USDT and USDC)Avalanche C-Chain (AVAX, USDT and USDC)Arbitrum (ETH, USDT, USDC and ARB)Base (ETH and USDC)Optimism (ETH, USDT and USDC)SUI
Not every asset or network necessarily becomes available at the same time.
🔐 3. What Happened to the Security Incident?
Binance temporarily suspended withdrawals as a precaution while investigating the incident and securing affected services.
In its November 1 update, Binance reported that it had covered approximately 95% of the impacted amount using company resources.
The exchange also stated that selected major asset balances, including BTC, ETH, USDT, BNB, SOL, XRP and ZEC, were fully backed by reserves.
Binance has committed to absorbing the financial impact rather than passing the losses to users.
📊 4. What Does This Mean for the Crypto Market?
The phased reopening is an important step toward restoring confidence.
Here are three developments worth watching:
Positive signs:
Gradual restoration of withdrawal access.Continued security assessments.Progress in replenishing affected assets.
Remaining concerns:
Possible withdrawal delays during high traffic.Additional networks still awaiting restoration.Investor confidence following the security incident.
🔍 My Take
Restoring withdrawals is an important milestone, but security and transparency matter more than speed.
Users should avoid panic and verify the availability of their specific coin and network directly on Binance before making a transaction.
Never assume that every network is fully operational just because Phase One has started.
💬 Let's Discuss!
Do you think Binance will fully restore withdrawal services smoothly?
Yes, confidence will return.More security improvements are needed.I want to wait before using withdrawals.
Share your opinion below!
Follow for more Binance updates, crypto news and market analysis.
#BinanceToResumePhaseOneOfWithdrawals #Binance #CryptoNews #Bitcoin #BTC #Ethereum #ETH #bnb #CryptoSecurity #CryptoCommunity #BinanceSquare #writetoearn
Disclaimer: This post is for educational and informational purposes only, not financial advice. Always verify official announcements and network status before making transactions.
·
--
Bullish
#binancetoresumephaseoneofwithdrawals 🚨 BINANCE BEGINS RESTORING WITHDRAWALS AFTER $6.3 BILLION SECURITY INCIDENT! 🔥 A major update for Binance users! After temporarily suspending withdrawals following the October 29 security incident, Binance has officially started its phased withdrawal restoration on November 1. Here's what you need to know. 👇 🔹 Phase One Started: Binance scheduled the first withdrawal phase between 06:00 and 09:00 UTC on November 1. 🔹 15 Networks Included: The initial rollout covers major networks and assets, including BTC, ETH, BNB, SOL, XRP, DOGE, ZEC and several stablecoins. 🔹 95% Replenishment: Binance reports that approximately 95% of the affected amount has been covered using company resources. 🔹 Remaining 5%: The outstanding assets consist mainly of less-liquid tokens that require more time to source through market and OTC channels. 🔹 User Protection: Binance says it will absorb the full financial impact of the stolen funds rather than passing the losses on to customers. 🔹 Security Checks: Withdrawals are being restored progressively after security assessments and infrastructure readiness checks. My Take: I believe a phased restoration is a sensible approach after an incident of this scale. Reopening everything at once could create additional operational pressure. A gradual process allows the exchange to monitor network stability, security and withdrawal performance. However, the 95% replenishment figure is Binance's own reported figure, and independent verification remains important. ⚠️ Security Reminder: Beware of fake recovery links, impersonators and phishing messages. Use only official Binance channels. The recovery process is moving forward, but transparency and accountability still matter. What's your opinion? Has Binance's phased recovery approach restored your confidence? 👇 $BNB $BTC $ETH #Binance #BinanceUpdates #BinanceRecovery #Bitcoin #Ethereum #BNB #CryptoNews #CryptoSecurity #SAFU #CryptoCommunity
#binancetoresumephaseoneofwithdrawals 🚨 BINANCE BEGINS RESTORING WITHDRAWALS AFTER $6.3 BILLION SECURITY INCIDENT! 🔥
A major update for Binance users!
After temporarily suspending withdrawals following the October 29 security incident, Binance has officially started its phased withdrawal restoration on November 1.
Here's what you need to know. 👇
🔹 Phase One Started: Binance scheduled the first withdrawal phase between 06:00 and 09:00 UTC on November 1.
🔹 15 Networks Included: The initial rollout covers major networks and assets, including BTC, ETH, BNB, SOL, XRP, DOGE, ZEC and several stablecoins.
🔹 95% Replenishment: Binance reports that approximately 95% of the affected amount has been covered using company resources.
🔹 Remaining 5%: The outstanding assets consist mainly of less-liquid tokens that require more time to source through market and OTC channels.
🔹 User Protection: Binance says it will absorb the full financial impact of the stolen funds rather than passing the losses on to customers.
🔹 Security Checks: Withdrawals are being restored progressively after security assessments and infrastructure readiness checks.
My Take:
I believe a phased restoration is a sensible approach after an incident of this scale.
Reopening everything at once could create additional operational pressure. A gradual process allows the exchange to monitor network stability, security and withdrawal performance.
However, the 95% replenishment figure is Binance's own reported figure, and independent verification remains important.
⚠️ Security Reminder: Beware of fake recovery links, impersonators and phishing messages. Use only official Binance channels.
The recovery process is moving forward, but transparency and accountability still matter.
What's your opinion? Has Binance's phased recovery approach restored your confidence? 👇
$BNB $BTC $ETH
#Binance #BinanceUpdates #BinanceRecovery #Bitcoin #Ethereum #BNB #CryptoNews #CryptoSecurity #SAFU #CryptoCommunity
FEDAT - sport digital assets marketplace:
Поэтапное возобновление звучит как: "Мы открываем кран по капле, чтобы вы не утонули в собственных эмоциях" 😄. Но если серьезно, покрыть такой объем своими силами — это мощный ход. Крипта жива, биржа жива, мои седые волосы тоже пока на месте. Идем дальше! 🚀💪🤝👍😀
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number