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Binance resumes limited withdrawals for ETH, USDT, USDC after $6.3B security breach.

Market News
01 Nov 2026, 12:10 WIB
Tokenpost
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Bullish
Binance resumes limited withdrawals for ETH, USDT, USDC after $6.3B security breach.

Binance has reopened withdrawals for selected Ethereum (ETH), Tether (USDT), and USD Coin (USDC) transfers on Ethereum and BNB Smart Chain following a security incident on October 29. Withdrawals remain limited and may face delays due to congestion. The exchange has restored about 95% of affected assets, using funds from its Secure Asset Fund for Users (SAFU), Futures Insurance Fund, and corporate treasury, and plans to replenish SAFU to $1 billion. This phased restart follows an estimated $6.3 billion in token losses from the breach.

Binance's phased restart of Ethereum and BNB Smart Chain withdrawals comes amid a market where 34 of 50 major cryptocurrencies rose today. As of Nov 01, 2026 16:41 WIB, EGLD gained 6.13% to Rp62.879 with a 74% buy order activity on Pluang. BAT also rose 5.70% to Rp2.542, and AVAX increased 4.45% to Rp159.542, reflecting active buying interest.

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