Binance says phase one withdrawals resume Nov 1 between 06:00 and 09:00 UTC, prioritizing high demand assets and networks from the past week, with deposits unaffected and possible delays at first (post).

Binance says phase one withdrawals resume Nov 1 between 06:00 and 09:00 UTC, prioritizing high demand assets and networks from the past week, with deposits unaffected and possible delays at first (post).

Binance says it has now covered about 95% of the impacted amount, up from 90%, funded from company resources with no loss to users. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are 100% backed, verifiable via proof of reserves, while the remaining 5% is less liquid tokens still being bought via market and OTC.

It says withdrawals were paused to contain losses, complete security checks and trace funds with law enforcement and industry partners, and that a full post incident report will follow once the investigation is complete.