🚨 BINANCE BEGINS RESTORING WITHDRAWALS ACROSS MULTIPLE NETWORKS AND ASSETS!
Positive news for the crypto community! Binance announced the gradual restoration of withdrawal services after temporarily suspending them as a security measure following a security incident.
On November 1, 2026, Binance announced that the first phase of withdrawal service restoration was scheduled to take place from 06:00–09:00 UTC, or 13:00–16:00 WIB.
🔥 Networks and assets included in the first phase
Some of the prioritized networks and assets include:
Bitcoin: BTC
Ethereum: ETH, USDT, USDC
BNB Smart Chain: BNB, USDT, USDC
TRON: TRX, USDT
Solana: SOL, USDT, USDC
XRP: XRP
Zcash: ZEC
Dogecoin: DOGE
TON: USDT, GRAM
Polygon: POL, USDT, USDC
Avalanche: AVAX, USDT, USDC
Arbitrum: ETH, USDT, USDC, ARB
Base: ETH, USDC
Optimism: ETH, USDT, USDC
SUI: SUI
Restoration is being carried out gradually based on user needs and the results of security and stability checks for each network.
🛡️ What is the status of user funds?
Binance stated that it would cover all losses resulting from assets stolen in the security incident.
In its latest update, Binance also said that around 95% of the affected assets had been recovered or covered through asset repurchases.
Meanwhile, BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are backed by 100% reserves, according to Binance's announcement.
📈 Impact on the crypto market
The restoration of withdrawal services is a positive development for user confidence in Binance.
Some potential impacts traders should watch for:
Market sentiment may improve as services return to normal.
Deposit and withdrawal activity may increase again.
Volatility in some assets may rise during the restoration process.
The return of cross-exchange arbitrage activity may increase price dynamics.
However, this positive news does not automatically mean that the entire market will rise.
The trading account known as Trump Insider has opened a large short position on Bitcoin The trader is betting on a decline of $15.47 million with 40x leverage He entered at around $77,035 This means the trade is currently experiencing losses But what’s even stranger is that the liquidation price is at $78,605 This means $BTC only needs to rise about $1,400 from here and the entire trade will evaporate $BTC
🇷🇺 Russia Legalizes Crypto Mining and Payments Using Digital Assets!
President Vladimir Putin has officially signed a new law that legalizes crypto mining activities in Russia. It doesn’t stop there—these rules also pave the way for using digital assets as a tool for international payments.
This move reinforces Russia’s position as one of the major countries increasingly serious about embracing the crypto industry, amid economic sanctions pressure from various Western countries. Many see this policy as Russia’s strategy to find cross-border transaction channels outside the conventional financial system.
💬 What do you think—will Russia’s move become an example for other countries, or will it make global crypto regulations even stricter? Let’s discuss in the comments!
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