Binance Included XRP (XRP) in Its Planned Nov. 1 Withdrawal Restart

Binance included XRP (XRP) among assets in a phased withdrawal restart planned for Nov. 1, after the exchange estimated a security incident caused $6.3 billion in token losses. The exchange set the planned window for 1–4 a.m. ET (06:00–09:00 UTC). Its update listed XRP for the restart. Binance said its hot wallets were compromised at about 4:05 p.m. ET (20:05 UTC) Oct. 29. The exchange estimated losses of $6.3 billion in token assets, said about $3 billion had been frozen on-chain and said it had set aside more than $6.34 billion to cover losses.

Source: TokenPost