Binance Withdrawals Coming Back: What Yi He's 42-Hour Timeline Means for Users ⏱️
⏱️ HE YI SAYS WITHDRAWALS EXPECTED TO RESUME WITHIN 42 HOURS
Binance co-CEO Yi He said withdrawals are expected to reopen within 42 hours. She explained that withdrawals were paused to make sure the exchange's wider operating environment was not compromised after the $6.3 billion hack.
📍 Timeline so far
🕓 Yi He first said withdrawals would resume within 48 hours.
🎥 In a video update, she narrowed it to 42 hours.
🔄 A later joint update from the co-CEOs targeted a phased restart within about 34 hours, subject to security checks.
🔧 Why the wait?
Binance is rebuilding the withdrawal service and its address controls. Co-CEO Richard Teng said it will not go live until it passes rigorous testing, so safety comes before speed.
✅ Also confirmed
📥 Deposits and unaffected services continue as normal.
🧊 About $3 billion has been frozen.
📑 A detailed technical security audit report is planned.
🔍 Binance says it will keep tracking the hacker.
🎯 Takeaway: A cautious, phased restart is a good sign. Wait for the official announcement, and avoid unofficial links that claim to "speed up" withdrawals.
$BTC , $ETH
#️⃣ Hashtags:
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #Binance ,#BinanceHack #YiHe ,#Withdrawals ,#ProofOfReserves , #CryptoSecurity , #CryptoNews ,#BinanceSquare , #StaySafu
⏱️ HE YI SAYS WITHDRAWALS EXPECTED TO RESUME WITHIN 42 HOURS
Binance co-CEO Yi He said withdrawals are expected to reopen within 42 hours. She explained that withdrawals were paused to make sure the exchange's wider operating environment was not compromised after the $6.3 billion hack.
📍 Timeline so far
🕓 Yi He first said withdrawals would resume within 48 hours.
🎥 In a video update, she narrowed it to 42 hours.
🔄 A later joint update from the co-CEOs targeted a phased restart within about 34 hours, subject to security checks.
🔧 Why the wait?
Binance is rebuilding the withdrawal service and its address controls. Co-CEO Richard Teng said it will not go live until it passes rigorous testing, so safety comes before speed.
✅ Also confirmed
📥 Deposits and unaffected services continue as normal.
🧊 About $3 billion has been frozen.
📑 A detailed technical security audit report is planned.
🔍 Binance says it will keep tracking the hacker.
🎯 Takeaway: A cautious, phased restart is a good sign. Wait for the official announcement, and avoid unofficial links that claim to "speed up" withdrawals.
$BTC , $ETH
#️⃣ Hashtags:
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #Binance ,#BinanceHack #YiHe ,#Withdrawals ,#ProofOfReserves , #CryptoSecurity , #CryptoNews ,#BinanceSquare , #StaySafu
