Binance’s official account just posted Recovery Update #6 (official), followed by a Withdrawal Update: another batch of assets is now available for withdrawal. It’s confirmed that RLUSD, USD1, TUSD, FDUSD, and XUSD can be withdrawn on the ETH network—don’t take that to mean “withdrawals are fully back across the board.” The official account says assets will be cleared and enabled in batches, with more to follow in stages.
This morning’s Update #5 was about how you can verify PoR yourself and how withdrawals would “resume gradually”; now another batch of stablecoin withdrawals has actually opened. The official account says deposits are unaffected. Queues may move more slowly during peak times. If your withdrawal doesn’t go through, try again later—and go by which networks are actually available on your withdrawal page.
Bitcoin is currently around 76,500, and ETH is near 2,240.
At the Wei hour, I cast the Qian over Qian hexagram: Qian above, Qian below, with the first line changing. In plain English, the Qian hexagram means “pure yang pushing forward,” but the changing line is the first one—it’s like opening the door just a crack, not throwing it wide open. I’m inclined to think the two things to watch first are whether those stablecoins are available to select on your ETH withdrawal page, and which networks the next official announcement will open. Withdrawals reopening in batches ≠ a full resumption.
Which one are you most eager to withdraw from your account: RLUSD / USD1 / TUSD / FDUSD / XUSD? Let me know in the comments.
Follow me for updates.
$BTC $ETH
Personal opinion, not investment advice
This morning’s Update #5 was about how you can verify PoR yourself and how withdrawals would “resume gradually”; now another batch of stablecoin withdrawals has actually opened. The official account says deposits are unaffected. Queues may move more slowly during peak times. If your withdrawal doesn’t go through, try again later—and go by which networks are actually available on your withdrawal page.
Bitcoin is currently around 76,500, and ETH is near 2,240.
At the Wei hour, I cast the Qian over Qian hexagram: Qian above, Qian below, with the first line changing. In plain English, the Qian hexagram means “pure yang pushing forward,” but the changing line is the first one—it’s like opening the door just a crack, not throwing it wide open. I’m inclined to think the two things to watch first are whether those stablecoins are available to select on your ETH withdrawal page, and which networks the next official announcement will open. Withdrawals reopening in batches ≠ a full resumption.
Which one are you most eager to withdraw from your account: RLUSD / USD1 / TUSD / FDUSD / XUSD? Let me know in the comments.
Follow me for updates.
$BTC $ETH
Personal opinion, not investment advice
