🚨 Binance expects to resume withdrawals on November 1 at around 08:34 Kyiv time.
Following a major security incident, the exchange continues to restore its services. Binance management previously said it would take around 40 hours to restore the ability to withdraw funds.
Based on when the announcement was published and the time that has passed, the estimated recovery time is the morning of November 1.
What we know so far:
🔹 Deposits have already been restored. 🔹 Withdrawals remain temporarily restricted. 🔹 Specialists are continuing to investigate the incident. 🔹 Binance says it is prepared to cover financial losses using its own reserves and the SAFU fund.
The key question now is whether the exchange can meet its stated timeline and fully restore the system.
Important: 08:34 is an estimated time, not a confirmed guarantee that withdrawals will resume.
We’re following developments.
$BNB $BTC $ETH $USDT
Following a major security incident, the exchange continues to restore its services. Binance management previously said it would take around 40 hours to restore the ability to withdraw funds.
Based on when the announcement was published and the time that has passed, the estimated recovery time is the morning of November 1.
What we know so far:
🔹 Deposits have already been restored. 🔹 Withdrawals remain temporarily restricted. 🔹 Specialists are continuing to investigate the incident. 🔹 Binance says it is prepared to cover financial losses using its own reserves and the SAFU fund.
The key question now is whether the exchange can meet its stated timeline and fully restore the system.
Important: 08:34 is an estimated time, not a confirmed guarantee that withdrawals will resume.
We’re following developments.
$BNB $BTC $ETH $USDT