Signal Desk · Markets

Binance to resume withdrawals after recovering stolen funds

2026-11-01 · 2 sources · BusinessLine Money & Banking

In short

Binance said it will restart withdrawals in phases on Sunday between 0600 and 0900 GMT. The plan covers bitcoin, ether, BNB, Solana, XRP, dogecoin and other tokens.

The move matters because users can begin moving funds again after the theft. Not stated in the available reporting is how much of the $6 billion is still missing or how the recovery happened.

What the reporting says

Binance said it would resume withdrawals after recovering most of the $6 billion in stolen funds, with the restart planned in phases from 0600 to 0900 GMT on Sunday. The publisher-supplied summary says the first phase would cover bitcoin, ether, BNB, Solana, XRP, dogecoin and other tokens. It is not stated how much remains unrecovered or what caused the theft.

Why it matters

Binance said withdrawals would restart in phases after it recovered most of the $6 billion in stolen funds. The publisher-supplied summary says the first phase begins Sunday between 0600 and 0900 GMT and includes major tokens such as bitcoin, ether, BNB, Solana, XRP and dogecoin. The immediate impact is on users waiting to access assets; the reporting does not say how much remains unrecovered.

Touches: Binance, Crypto, Markets, Global

Sources