Binance announced on X that the first batch of networks opened in phase one of withdrawals is the Bitcoin network.
“First batch network now opened in phase one of withdrawals is $BTC bitcoin network,” Binance said on X.
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“First batch network now opened in phase one of withdrawals is $BTC bitcoin network,” Binance said on X.
Binance is preparing to resume phase one of withdrawals on 2026-11-01 between 06:00 and 09:00 (UTC).
November 1, 06:00 UTC: Binance announced it has begun reopening withdrawals, starting with $BTC Bitcoin network.
In an update on Sunday, Binance said withdrawals had been restored on several of its networks, after they were suspended following the hack.
We remain on track to reopen withdrawals within our previously stated timeframe (on Sunday, 2026-11-01) and will provide a further update as soon as details are confirmed.
It had initially suspended all deposits and withdrawals - but then said in an update that "deposits remain unaffected".
Temporarily suspended withdrawals while conducting additional security reviews, implementing remediation measures and validating the integrity of affected systems.
The tech team targets to start resuming the withdrawal service within approximately 34 hours, subject to the completion of security checks. This will proceed on a phased approach.
The tech team targets to start resuming the withdrawal service within approximately 34 hours, subject to the completion of security checks.
The cryptocurrency exchange said deposits were unaffected, while withdrawals have been suspended and are expected to resume in the next day or two.
Binance is aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday, co-CEO Richard Teng [said]
Binance said withdrawals remain paused while it completes a security revamp of its withdrawal service and related addresses, with service expected to resume within 48 hours.
As an immediate precaution, Binance has: - temporarily suspended withdrawals while security checks are completed; - revoked the affected address authorisation; - engaged law enforcement and blockchain intelligence partners to trace and recover funds.
deposits as it conducts security checks, freezes funds and coordinates with law enforcement. It previously confirmed it had suspended withdrawals.
Binance said it has temporarily suspended deposits as it conducts security checks, freezes funds and coordinates with law enforcement.
The exchange also said on Friday afternoon US eastern time that its technical team was targeting a resumption of withdrawal services within approximately 34 hours.
In a video update on October 30, Binance co-CEO Richard Teng said he was hopeful that withdrawals would resume before Sunday, October 31.