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Binance resumes customer withdrawals after record $6.3bn hack

Marcus Chen
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN

Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.

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Managing Editor · Sunday, November 1, 2026 at 4:08 PM · 1 min read
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Binance resumes customer withdrawals after record $6.3bn hack — London Schools news

Binance has allowed its customer to start withdrawing funds from the platform, as it begins to resume servies after a record $6.3bn hack. The cryptocurrency exchange was hit by the theft on Thursday, forcing it to suspend withdrawals as it raced to fix the platform and investigate how hackers breached the system. Binance began a phased reopening on Sunday following the hack, which has been blamed on a North Korea-linked group. Binance first allowed customers who hold ethereum, USDT and USDC tokens on the Ethereum blockchain to retrieve funds, as well as some assets held on the BNB Smart Chain blockchain. Holders of other tokens, including dogecoin and solana, were also allowed to withdraw their assets. Replenishing the pot The company said the phased approach was designed so each network and asset pair can be restored carefully, with stability and security completed before access is reopened . It added that it was prioritising tokens based on user demand and that

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