Start typing to search this publication.
The BSCN Debrief logo The BSCN Debrief
Open menu
The BSCN Debrief logo

Subscribe to The BSCN Debrief

Get new posts delivered straight to your inbox.

Binance Opens Second Wave of Withdrawals After Major Breach

BSCN avatar BSCN
1 min read
Binance Opens Second Wave of Withdrawals After Major Breach

Binance began allowing withdrawals for additional cryptocurrencies on November 3 starting at 04:00 UTC. The second phase covers assets like Bitcoin, Ethereum, XRP, Solana, Dogecoin, Chainlink, Cardano, Litecoin and Shiba Inu across nine blockchain networks. The rollout is gradual as the exchange completes security reviews for each asset.

This follows a $6.3 billion hack that forced Binance to suspend withdrawals last week. The FBI attributed the attack to North Korean actors. Binance stated it will cover the losses rather than passing them to customers, having already restored backing for roughly 95% of affected assets. Deposits continued throughout the incident.

Read the full story on BSC News: Binance Resumes Withdrawals for LINK, SHIB and Other Assets Across Nine Networks

Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief

Subscribe to The BSCN Debrief

The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles.