Binance has resumed withdrawals for several major assets on the Ethereum and BNB Smart Chain networks, according to a Techub News update citing Crypto.news. The restored services cover USDT, USDC and ETH on Ethereum, along with USDT, USDC and BNB on BNB Smart Chain. The exchange said the move took effect on Nov. 1, Beijing time. Binance also said a hacking incident on Oct. 29 led to roughly $6.3 billion in asset losses. It added that 95% of the affected assets have now been replenished, while the remaining 5% is still awaiting replacement. Bitcoin withdrawals had already resumed earlier. The update focuses on the reopening of withdrawal channels for the listed assets and networks, alongside Binance’s latest disclosure on the status of asset replacement after the Oct. 29 incident.
Binance has resumed withdrawals on Nov. 1, Beijing time, for USDT, USDC and ETH on the Ethereum network, as well as USDT, USDC and BNB on BNB Smart Chain, according to Techub News, citing Crypto.news.
Binance said a hacking incident on Oct. 29 resulted in about $6.3 billion in asset losses. The exchange said 95% of the affected assets have been replenished, with the remaining 5% still awaiting replacement. Bitcoin withdrawals had already resumed earlier.
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