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Binance reopens Hyperliquid (HYPE) withdrawals after $6.4B hack and audit completion.

Market News
08 Nov 2026, 16:14 WIB
UToday
View Source
Bullish
Binance reopens Hyperliquid (HYPE) withdrawals after $6.4B hack and audit completion.

Binance, the world's largest crypto exchange, has resumed withdrawals for Hyperliquid's HYPE token following a $6.4 billion hack linked to a North Korean group. The reopening came after a thorough audit and a week-long delay that caused community backlash over alleged sabotage. Binance blocked $3 billion of the stolen funds and pledged to cover all user losses from its SAFU fund. The delay was partly due to the technical complexity of auditing Hyperliquid's custom blockchain, HyperEVM. Binance's move signals a priority on user obligations despite past tensions with Hyperliquid.

Binance's reopening of HYPE withdrawals follows its ongoing role as a major crypto exchange, where Binance Coin (BNB) trades at Rp12.596.387 with a slight 0.34% gain. User activity on Pluang shows a balanced sentiment with 52% selling and 48% buying, and typical hold times around 90 days. These figures highlight steady engagement despite recent security challenges. Data is as of Nov 08, 2026 21:31 WIB.

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