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Binance reopened cryptocurrency withdrawals for nine major assets at 04:00 UTC on November 3, 2026, more than four days after a $6.3 billion security breach forced the exchange to halt outbound transfers. Bitcoin, Ethereum, XRP, Solana, Dogecoin, Chainlink, Cardano, Litecoin and Shiba Inu are withdrawable again across nine supported networks, AMBCrypto reported.
The exchange said in its own status post on X that it was prioritising tokens by user demand from the past week and restoring each network-asset pair only after completing security checks. Additional assets would follow as they become ready.
Also read: Binance SAFU Bitcoin Wallet Falls to 7,500 BTC After Hack Payout
Key facts
- Withdrawals for BTC, ETH, XRP, SOL, DOGE, LINK, ADA, LTC and SHIB resumed at 04:00 UTC on November 3 across nine networks.
- Binance recorded about $3.29 billion in net outflows over the prior 24 hours, down more than 50% from an intraday peak of nearly $7 billion, per DeFiLlama data cited by AMBCrypto.
- Binance has replenished roughly 95% of affected assets with its own funds and says BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are fully backed at a minimum 1:1 ratio.
- Per Cointribune, Bitcoin withdrawals came back first on November 1, between 6 a.m. and 9 a.m. UTC, and the opening phase covered 15 networks including Ethereum, BNB Smart Chain, Tron, Zcash, Polygon, Avalanche C-Chain, Arbitrum, Base, Optimism, TON and Sui.
- Elliptic reported the attacker moved 28 BTC through CoinJoin, with stolen assets passed through about 12,000 wallets on 11 blockchains in more than 40,000 transactions.
A phased restart, with a second wave still unscheduled
Binance is also beginning to restore withdrawals on Sui, Arbitrum, Optimism, TRON and Base, but says the process will be gradual as checks are completed on each network. Cointribune noted that the list of networks does not mean every asset is immediately available: on Ethereum, for example, the exchange currently allows ETH, USDT and USDC, while Arbitrum handles ETH, USDT, USDC and ARB.
The two reports describe the scope of the restart differently. AMBCrypto frames the November 3 04:00 UTC reopening around nine networks; Cointribune describes an initial phase covering 15 networks that started with Bitcoin on November 1 and says no date has been set for a second phase, with Yi He stating that remaining wallets face additional checks. Cointribune added that deposits were never interrupted — only withdrawals were suspended, from October 29.
Funding for the top-up comes from three sources, per Cointribune: the SAFU fund, excess capital from the futures insurance fund and the company’s own treasury. The exchange intends to bring SAFU to about one billion dollars.
Reserves verification lands alongside the outflows
Cointribune reported that Binance planned to publish full zero-knowledge cryptographic verification of its new proof of reserves on November 3, following an initial snapshot dated October 31 at 0 UTC. AMBCrypto described that October 31 proof-of-reserves report as showing a sharp drop in USDT balances alongside lower Ethereum and BNB holdings, with Bitcoin holdings up slightly.
On-chain holdings at the exchange stood at approximately $127.78 billion. A CryptoQuant analyst cited by AMBCrypto put the day’s net Bitcoin outflow at -16,021 BTC and said withdrawals were processing correctly with no further security issues.
The fallout from the breach is still moving. The FBI attributed the hack to North Korea on October 31 and named the operation TraderTraitor, according to Cointribune. About $3.24 billion remains in theft-linked addresses, mostly in Bitcoin and Ethereum, while roughly $2.85 billion has been frozen, per AMBCrypto.
Why it matters
Binance is the largest venue many traders use for liquidity, so the pace of restored withdrawals and the size of remaining outflows are a direct read on whether customers are returning funds or still pulling them. The decline in net outflows from near $7 billion to about $3.29 billion implies the initial rush to exit has slowed, but it is still an outflow. Users with assets on the unscheduled second-phase networks remain unable to move funds, and the cryptographic reserve verification is the document those customers will lean on.
What to watch
Watch the full zero-knowledge proof-of-reserves verification Binance committed to publishing on November 3, and any announcement of timing for the second withdrawal phase covering the wallets still under additional checks. Further outflows figures from DeFiLlama and CryptoQuant will show whether deposits are genuinely keeping pace with exits.
Reported by AMBCrypto.
Sources: AMBCrypto, Cointribune