UPDATE: Binance replenishes 95% of balances and reopens major network withdrawals
CIE News ·
Update to Binance to resume withdrawals for more assets at 04:00 UTC
Based on reporting by The Block; not yet independently confirmed.
Binance has reopened withdrawals across nine blockchains and replenished about 95% of impacted balances from reserves, following an earlier report on its second withdrawal phase.
Binance has expanded withdrawal support to nine blockchains and replenished approximately 95% of impacted balances using platform reserves, the exchange announced. As previously reported when Binance initiated its second withdrawal phase, services are resuming following a reported $6.3 billion hack.
Withdrawals officially reopened at 04:00 UTC on November 3, 2026, for BNB Smart Chain (BSC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Sui (SUI), Arbitrum (ARBITRUM), Optimism (OPTIMISM), Tron (TRX), and Base (BASE). The exchange confirmed that access is being restored progressively as security checks finish for each integration, while deposits continue without interruption.
Binance stated that it will absorb all financial losses from the incident. Co-CEOs Richard Teng and Yi He stated that the platform has finalized its latest Proof of Reserves verification and will manage further developments through progressive updates.
Key facts
- 95% of balances replenished
- 9 networks reopened
- Binance absorbing all losses
- Reopened 04:00 UTC Nov 3, 2026
Read the original at The Block