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Binance Plans First Withdrawal Window After $6.3 Billion Hack

Binance Plans First Withdrawal Window After $6.3 Billion Hack

Photo: TokenPost

Binance plans to restore withdrawals in phases after the $6.3 billion hack, with the first opening scheduled for 2 p.m. to 5 p.m. China time Sunday, Nov. 1. For U.S. readers, that is 1 a.m. to 4 a.m. ET Sunday (06:00–09:00 UTC), a three-hour window. The exchange described this as the first phase of withdrawal service restoration. Binance said it had replenished about 95% of assets affected by the incident. The remaining 5% consists of tokens with relatively low liquidity. The exchange gave a time for the initial window as part of its phased return to withdrawals.

Source: TokenPost

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