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Altcoins & DeFi

Binance sets deadline for Hyperliquid withdrawal resumption after community backlash

Image: CoinTurk News

Binance, a leading global cryptocurrency exchange, has announced a new deadline for the resumption of withdrawal services for Hyperliquid (HYPE), Litecoin (LTC), and four additional cryptocurrencies. The move comes in the wake of discontent among Hyperliquid holders following a period of restricted withdrawals caused by a $6 billion attack that recently impacted the exchange’s operations. Since the security incident, Binance has gradually restored withdrawal functionality for most affected cryptocurrencies in batches. However, Hyperliquid has remained the only leading digital asset by market capitalization still awaiting withdrawal reactivation. This delay has drawn mounting criticism from the Hyperliquid community. Earlier today, Binance made public its timeline to re-enable withdrawals for HYPE, LTC, Injective (INJ), Aptos (APT), Plasma (PLASMA), and NEAR Protocol (NEAR), targeting completion by the end of next week.

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