Binance resumes phased crypto withdrawals after $6.3 billion breach

Binance started to gradually restore cryptocurrency withdrawals after pausing them due to a reported $6.3 billion security breach involving its hot wallets. The exchange outlined a plan to re-enable withdrawals for select networks as safety and infrastructure checks were completed, beginning with a window between 06:00 and 09:00 UTC on November 1. However, Binance did not specify that every asset or network would become available immediately within that timeframe. The initial phase of Binance’s withdrawal reopening covers 15 blockchain networks.