Binance Restores Withdrawals on 87 Networks, Aims to Resume All Remaining Withdrawals by End of Next Week
Binance said on November 14 that it had restored withdrawals on 87 networks this week and aims to restore withdrawals for all remaining networks and assets by the end of next week. The platform began resuming withdrawals in phases in early November after $6.3 billion in digital assets was stolen in an October 29 attack.
Binance said on November 14 that it had restored withdrawals on 87 networks this week and aims to resume withdrawals for all remaining networks and assets by the end of next week. The platform is gradually resuming operations after $6.3 billion in digital assets was stolen in an October 29 attack.
Illustrative image of Binance cryptocurrency.（VietVance）
Binance began restoring withdrawals in phases in early November 2026. By then, the company had covered 95% of the stolen digital assets and had pledged to reimburse customers in full.
In a preliminary report, Binance said the intrusion began in June 2026 and involved multiple stages. A series of security breaches culminated in the October 29 theft of assets.
Just over a week after the incident, Binance Chief Financial Officer Kaiser Ng left the company after more than five years to pursue a new business venture. He was succeeded by Justin Yek, who has years of financial management experience and previously served as vice president of finance at payments technology company Airwallex.
Source: VietVance
