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Altcoins & DeFi

Binance restores access across nine networks – Can deposits keep pace with exits?

Image: AMBCrypto

After the $6.3 billion hack, which shook the entire community, Binance has resumed cryptocurrency withdrawals for several major digital assets. This includes Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], Solana [SOL], Dogecoin [DOGE], Chainlink [LINK], Cardano [ADA], Litecoin [LTC], and Shiba Inu [SHIB]. Binance resumes withdrawals of more assets According to the exchange's announcement, withdrawals for these assets reopened at 04:00 UTC on the 3rd of November across nine supported networks. That said, the exchange has also begun restoring withdrawals for selected assets across additional networks, including Sui, Arbitrum, Optimism, TRON, and Base. However, the process will take place gradually as Binance completes its security checks across different networks and assets.

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