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Binance recovers 95% of stolen assets, resumes withdrawals for BTC, XRP, ETH, SOL

Image: CoinTurk News

Binance, one of the world’s largest cryptocurrency exchanges, has announced the phased resumption of withdrawal services for major digital assets after a major security breach resulted in $6.3 billion being stolen from the platform’s hot wallets. The exchange said withdrawal services for leading cryptocurrencies including XRP, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), along with several other assets, will become available to users between 06:00 and 09:00 UTC as part of a carefully managed process. According to Binance, this resumption will be implemented progressively as comprehensive security and infrastructure readiness checks are completed. The exchange emphasized that not all cryptocurrencies and networks will be enabled simultaneously, as each asset’s reactivation depends on meeting security requirements and recent user withdrawal trends.

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