Three days after the largest hack in the history of crypto exchanges, Binance is reopening withdrawals. In an announcement on 1 November 2026 at 04:08 UTC, the exchange said the first phase starts on Sunday between 06:00 and 09:00 UTC. The rollout is gradual: Binance checks each network separately and opens it only after security and readiness checks are complete. Deposits continue to work normally, according to the exchange (Binance, Recovery Update #4).
Binance is thereby keeping the timeline it promised after the attack on 29 October. On 30 October at 04:36 UTC it still spoke of "within 48 hours"; on 31 October it confirmed Sunday as the date. At around 20:05 UTC, roughly $6.3 billion was taken from the hot wallets; according to TRM Labs, the trail leads to the North Korean group TraderTraitor. Everything known about the attack is in our overview North Korea behind the Binance hack.
95 percent of the stolen funds have been replaced
At the same time, Binance is filling the g...
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