Binance Restarts Withdrawals After $6.3 Billion Hack
Binance, the world’s largest cryptocurrency exchange, has started restoring cryptocurrency withdrawals in phases following a cyberattack that led to the theft of about $6.3 billion in digital assets. This update was shared on Binance's official X account on November 1, 2026.
The cyberattack, attributed to North Korean hackers by the FBI, is considered the largest cryptocurrency heist ever, surpassing the $1.5 billion Bybit hack in February 2025. Binance plans to resume withdrawals between 06:00 and 09:00 GMT on November 1, covering 15 blockchain network groups and several cryptocurrencies, including Bitcoin, Ether, BNB, Solana, XRP, and Dogecoin.
The restoration will depend on user demand and security checks, with potential delays expected during the initial rollout. The breach, which occurred on October 29, involved unauthorized withdrawals from Binance’s hot wallets, linked to a compromised DevOps engineer’s laptop.
The incident has prompted an industry-wide response to trace and freeze the stolen funds.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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