Binance starts second withdrawal phase after $6.3 billion hack
Briefing by News4U · First published
Cointelegraph reported that Binance will begin a second phase of cryptocurrency withdrawals from 04:00 UTC on Tuesday, following the Nov. 1 reopening, as security checks are completed. The exchange said withdrawals for additional assets will resume progressively across networks including Binance Smart Chain, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base. Binance also reopened withdrawals for several fiat currencies, including the US dollar, United Arab Emirates dirham, Vietnamese dong, Philippine peso and Indonesian rupiah. Data from DefiLlama showed net outflows slowed to $2.57 billion on Monday, compared to $6.1 billion the day before. [1]
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- Binance begins second withdrawal phase, exchange outflows slow
Cointelegraph · · Full text