Binance processed another batch of withdrawals yesterday, according to its own announcement. Update No. 8 says that starting at 4 a.m. UTC on November 5, withdrawals would gradually resume for a bunch of tokens—including UNI, AAVE, LDO, and SAND—on chains like ETH, BSC, Base, and TRON. Note that withdrawals are resuming gradually, not all at once. Check the withdrawal page yourself to see whether your token is on the list and whether you can withdraw it.
On one side are people breathing a sigh of relief: in the first few hours after the incident, net outflows reached billions of dollars. Starting at 3 a.m. on November 3, deposits finally began to exceed withdrawals. Binance says it has replenished around 98% of the stolen funds, with the rest made up of smaller tokens that are hard to buy. If that figure is true, then things really are moving in the right direction.
On the other side are people who are still worried: some are already shouting on Binance Square, “Get out now—the hackers could strike again.” They think a polished announcement means nothing; being able to withdraw your money is what really matters.
My position is simple: being able to withdraw is what counts. It’s good that the list keeps getting longer, but I’m taking the claim that “98% has been replenished” with a grain of salt—for now, I’ll wait for proof of reserves. If you do withdraw, try a small amount first. Don’t go all-in and withdraw everything at once—if it gets stuck, your nerves might give out first.
What about you? Is your token on the eighth batch list? Have you withdrawn it, or are you still refreshing the page and waiting?
On one side are people breathing a sigh of relief: in the first few hours after the incident, net outflows reached billions of dollars. Starting at 3 a.m. on November 3, deposits finally began to exceed withdrawals. Binance says it has replenished around 98% of the stolen funds, with the rest made up of smaller tokens that are hard to buy. If that figure is true, then things really are moving in the right direction.
On the other side are people who are still worried: some are already shouting on Binance Square, “Get out now—the hackers could strike again.” They think a polished announcement means nothing; being able to withdraw your money is what really matters.
My position is simple: being able to withdraw is what counts. It’s good that the list keeps getting longer, but I’m taking the claim that “98% has been replenished” with a grain of salt—for now, I’ll wait for proof of reserves. If you do withdraw, try a small amount first. Don’t go all-in and withdraw everything at once—if it gets stuck, your nerves might give out first.
What about you? Is your token on the eighth batch list? Have you withdrawn it, or are you still refreshing the page and waiting?