Binance Restores Withdrawals on 15 Networks After Security Incident

Binance restored withdrawals on 15 networks after a security incident, giving customers access to the first group of assets while the exchange tests the remaining networks before expanding service. The phased reopening began at 1 a.m. ET (06:00 UTC) on Nov. 1. By 7:36 a.m. ET (12:36 UTC), withdrawals were available on the first 15 networks and for their associated assets. From 1 a.m. to 10:30 a.m. ET (15:30 UTC), Binance processed $4.649 billion in withdrawals and $1.01 billion in deposits, producing net outflows of about $3.64 billion.