By Isaac • November 1, 2026 7:07 am •
Binance has started the part of its recovery that customers can actually test.
The exchange said Sunday that Bitcoin was the first network opened in phase one of its withdrawal restart, following the record $6.3 billion hot-wallet breach that forced the platform to restrict withdrawals.
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That is meaningful progress. It is not the finish line.
Cointelegraph reported that Binance moved from a promised restart window to a live, staged opening, beginning with the Bitcoin network. The exchange had previously said withdrawals would return progressively while its teams completed security and infrastructure-readiness checks.
The report placed the restart after the exchange replaced most of the assets affected by the breach and fully backed major customer balances. Bitcoin
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