- Binance began resuming withdrawals in a first phase between 06:00 and 09:00 UTC on November 1, 2026, covering 15 networks including Bitcoin, Ethereum, BNB Chain, Solana and several layer-two networks
- The exchange says it has now covered approximately 95% of the amount affected by its security incident, up from about 90% and then 80% in its two prior updates
- The remaining roughly 5% sits in tokens outside the top ten by liquidity, which Binance says made them slower to fully account for
Binance published its fourth recovery update on its security incident on November 1, 2026, announcing that it was preparing to resume withdrawals in a first phase covering fifteen networks between 06:00 and 09:00 UTC that day. Deposits had remained open throughout the incident and were not affected by the broader withdrawal suspension that followed the exchange’s late-October disclosure.
The phase-one list covers Bitcoin; Ethereum, Tether and USD Coin on the Ethereum network itself; BNB, Tether and USD Coin on BNB Chain; Tron and Tether on the Tron network; Solana, Tether and USD Coin on Solana; XRP; Zcash; Dogecoin; Tether and GRAM on TON; POL, Tether and USD Coin on Polygon; Avalanche, Tether and USD Coin on the Avalanche C-Chain; Ethereum, Tether, USD Coin and Arbitrum’s own token on Arbitrum; Ethereum and USD Coin on Base; Ethereum, Tether and USD Coin on Optimism; and Sui. Binance says the order reflects which networks saw the highest user withdrawal demand in the prior week.
On the question of how much of the incident’s financial impact has now been accounted for, Binance’s update states that coverage has risen to approximately 95%, up from roughly 90% in its prior update and about 80% before that. The exchange attributes the remaining gap to tokens outside the top ten by liquidity, which it describes as slower to fully reconcile than its most actively traded assets.
Binance repeated language from its earlier updates on who bears the cost of the incident, stating plainly that user funds remain safe and that Binance itself, not its users, will absorb the financial impact of the stolen funds. The exchange has previously said it would fund the recovery through its Secure Asset Fund for Users, a portion of its futures insurance fund, and its own corporate treasury.
The phased approach, rather than a single full reopening, suggests Binance is managing the resumption carefully network by network rather than declaring the incident fully resolved all at once. The update is published on Binance’s own announcement page, which says further phases will follow.
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