Binance has reopened withdrawals on 15 blockchain networks after the largest hack ever, in which North Korean hackers stole about $6.3 billion from its hot wallets. Since reopening, the exchange processed about $4.65 billion in withdrawals and received $1 billion in deposits, for a net outflow of $3.64 billion; founder Changpeng Zhao said 98% of users chose to stay, and about 95% of the stolen funds have been replenished. The FBI attributed the attack to the TraderTraitor group, while Elliptic estimated about $2.84 billion of the assets had been frozen on-chain. THORChain co-founder JP Thor opposed halting the protocol to comply with FBI demands, while Coinbase, Circle and Strategy shares fell sharply and Bitcoin bottomed around $76.5K before recovering to 77,745.
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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $92.9B |
| Close on 10/31/2026 | 703.95 |
| Change that session | -0.07% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/31/2026 | 77,582.02 |
| Change that session | +0.28% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 10/31/2026 | 2,255.66 |
| Change that session | +0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
- Binance says phase one of withdrawals opens after $6.3B hack
Binance said it reopened the Bitcoin network in phase one of resuming withdrawals, after suspending user withdrawals following a hack of about $6.3 billion on Thursday that the FBI blamed on North Korean operatives. The exchange said it will reopen withdrawals in phases, prioritizing tokens based on user demand over the past week, with stability and security checks completed before each network reopens. Users may face congestion, longer processing times and temporary delays, so failed withdrawals should be retried after a short wait. Binance said on Saturday it had replenished 90% of the stolen assets, up from 80% a day earlier. Updates will be posted on its official X channel, and users can check the withdrawal page or the network status page.
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