Binance reopens withdrawals across major networks
Binance will phase in withdrawals for dozens of assets across BSC, Ethereum, Solana, XRP, Sui, Arbitrum, Optimism, TRX and Base starting 04:00 UTC on Nov. 3.
What we know
@TheBlockCo says assets will return in phases, with Binance prioritizing tokens on stated criteria. An account on X and a Reuters-sourced another account on X post report the same.
How the story developed
Binance will phase in withdrawals for dozens of assets across BSC, Ethereum, Solana, XRP, Sui, Arbitrum, Optimism, TRX and Base starting 04:00 UTC on Nov. 3.
Binance is reopening withdrawals in phases starting Nov 1, while the hacker is on-chain dumping altcoins badly.
Binance says 90% of the stolen $6.3B has been replenished, the ten major assets are fully backed, and it will absorb the loss. SAFU partially deploys within 24 hours and withdrawals resume Nov. 1.
Sources
“Binance will reopen withdrawals for dozens of assets across BSC, Ethereum, Solana, XRP, Sui...”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.