Binance will begin restoring withdrawals on Sunday, November 1, after last week’s record hack, with the first phase starting between 06:00 and 09:00 UTC, or 11:30 am to 2:30 pm IST. The exchange said access...
Summary
- Binance will begin restoring withdrawals on Sunday, November 1, after last week’s record hack, with the first phase starting between 06:00 and 09:00 UTC, or 11:30 am to 2:30 pm IST.
- The exchange said access will return gradually as each asset and network passes security checks, and users should expect some temporary delays.
- Phase one covers 15 networks, including Bitcoin, Ethereum, BNB Smart Chain and Solana.
- The exchange said it has already covered about 95% of the amount affected by the exploit and will absorb all losses itself, with none passed on to customers.
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