Today’s Crypto News
🔥 Binance Advances Recovery Efforts and Begins Phased Withdrawal Resumption
Binance has covered approximately 95% of the assets impacted by the recent security incident, up from 90% in the previous update. The platform says major assets—including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—are now fully backed.
Withdrawals are resuming in phases starting with selected major networks and assets, while additional services will return after security and readiness checks are completed. Binance has reiterated that user funds remain safe and that the company will absorb the financial impact rather than passing losses on to users.
⚡ CertiK Reports $9.2 Billion in Crypto Industry Losses During 2026
CertiK data indicates that cumulative crypto-industry losses have reached $9.2 billion in 2026. In October, an estimated $3.03 billion in assets was frozen or recovered, helping reduce the month’s net impact.
📉 zkLink Exploit Highlights Transient Storage Risk
Cross-chain protocol zkLink was reportedly exploited on October 29, with losses of about $783,000. The incident involved a transient-storage weakness that allowed residual validation data to be used in forged withdrawal verification attempts.
Binance update: As of November 1, 2026, Binance’s latest official recovery notice says withdrawals are reopening progressively across supported networks. Processing may be slower during the initial rollout due to traffic and additional checks.
$BTC
$BNB
#BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #CZDismissesClaimsBinanceHackWasPredicted #B14gReportsUnauthorizedTransferOfAbout97MCORE #USSpotETHETFsPost23StraightDaysOfNetOutflows
🔥 Binance Advances Recovery Efforts and Begins Phased Withdrawal Resumption
Binance has covered approximately 95% of the assets impacted by the recent security incident, up from 90% in the previous update. The platform says major assets—including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—are now fully backed.
Withdrawals are resuming in phases starting with selected major networks and assets, while additional services will return after security and readiness checks are completed. Binance has reiterated that user funds remain safe and that the company will absorb the financial impact rather than passing losses on to users.
⚡ CertiK Reports $9.2 Billion in Crypto Industry Losses During 2026
CertiK data indicates that cumulative crypto-industry losses have reached $9.2 billion in 2026. In October, an estimated $3.03 billion in assets was frozen or recovered, helping reduce the month’s net impact.
📉 zkLink Exploit Highlights Transient Storage Risk
Cross-chain protocol zkLink was reportedly exploited on October 29, with losses of about $783,000. The incident involved a transient-storage weakness that allowed residual validation data to be used in forged withdrawal verification attempts.
Binance update: As of November 1, 2026, Binance’s latest official recovery notice says withdrawals are reopening progressively across supported networks. Processing may be slower during the initial rollout due to traffic and additional checks.
$BTC
$BNB
#BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #CZDismissesClaimsBinanceHackWasPredicted #B14gReportsUnauthorizedTransferOfAbout97MCORE #USSpotETHETFsPost23StraightDaysOfNetOutflows