Here’s when Binance plans to reopen after $6.3 billion hack

Binance has suffered the largest cryptocurrency hack in history, involving $6.3 billion in various assets, but the exchange expects to resume cryptocurrency withdrawals within 45 hours. Indeed, the exchange confirmed on X earlier on Friday, October 30, that it remained on schedule to restore withdrawal services within the stated timeframe. The company further said it’s working with both law enforcement and industry partners to investigate the incident and recover the stolen assets as soon as possible. Over $6.34 billion in company funds has already been secured to “cover the incident,” according to the most recent update .