Binance Begins Resuming Withdrawals With Bitcoin Following $6.3 Billion Exploit

Binance has started reopening withdrawals with $BTC following a $6.3 billion security breach ¹. According to the exchange, approximately 95% of the affected funds have been replenished ¹. Tokens with less liquidity account for the remaining 5% of the impacted assets ¹.

The move marks an initial phase in restoring user access following the incident, as outlined in earlier reports tracking how Binance plans to resume withdrawals within 48 hours. In the aftermath of the theft, Binance executed a 7,499 BTC transfer from its Secure Asset Fund for Users (SAFU) reserve ¹. The exchange had earlier cited a target of Nov. 1 to restart operations after restoring 90% of the stolen capital ¹.

Replenishment Details

Additional ecosystem protocols also moved to contain exposure after the $6.3 billion exploit occurred ¹. Specifically, Aave froze its tBTC reserve after Threshold suspended both minting and redemptions ¹. Separately, analytics firm Chainalysis identified a DeFi receipt-token route utilized during the breach ¹. Further losses were recorded by b14g, which reported that 97 million CORE were drained before it paused its smart contracts ¹.

At the time of writing, Bitcoin was trading at $77,811, up 0.9% over the past 24 hours. The exchange reported that full replenishment for the remaining 5% of affected balances involves less-liquid tokens, with withdrawal availability expanding as funds are secured ¹.