---
title: "Binance Begins Resuming Withdrawals With Bitcoin Following $6.3 Billion Exploit"
description: "The exchange says it has replenished roughly 95% of impacted funds, while less-liquid tokens account for the remainder."
url: https://basisdesk.news/news/binance-reopens-bitcoin-withdrawals-after-exploit
published: 2026-11-01T06:31:25.473Z
modified: 2026-11-01T06:31:25.473Z
section: Security & Hacks
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC]
tags: [binance, bitcoin, hacks, withdrawals, safu]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Binance Begins Resuming Withdrawals With Bitcoin Following $6.3 Billion Exploit

The exchange says it has replenished roughly 95% of impacted funds, while less-liquid tokens account for the remainder.

## At a glance

- **What happened:** Binance began reopening Bitcoin withdrawals after replenishing roughly 95% of assets affected in a $6.3 billion hack.
- **Why it matters:** The step begins restoring customer access to funds following one of the largest digital asset exploits on record.
- **Who is affected:** Binance users seeking to withdraw assets following the platform security breach.
- **Takes effect:** 2026-11-01
- **What's next:** The replenishment and withdrawal reopening for the remaining 5% of affected, less-liquid tokens.
- **Primary source:** [Binance Begins Reopening Withdrawals With Bitcoin After $6.3 Billion Hack](https://thedefiant.io/news/hacks/binance-begins-reopening-withdrawals-with-bitcoin-after-6-3-billion-hack) — thedefiant.io

## Key points

- Binance started reopening withdrawals with Bitcoin following a $6.3 billion hack.
- The exchange confirmed replenishing about 95% of impacted assets, leaving 5% in less-liquid tokens.
- Binance previously completed a 7,499 BTC transfer from its SAFU fund after the incident.

## Editorial remark

- **Context:** The withdrawal restart follows a multi-billion-dollar breach that prompted containment measures across Binance and connected DeFi protocols.
- **Impact:** Binance customers regain access to Bitcoin withdrawals first, while full recovery remains pending for less-liquid token balances.
- **Watch:** Reopening of withdrawals for the remaining 5% of impacted balances, which Binance identified as less-liquid tokens.

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](https://basisdesk.news/news/binance-plans-resuming-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].

## Sources

1. [Binance Begins Reopening Withdrawals With Bitcoin After $6.3 Billion Hack](https://thedefiant.io/news/hacks/binance-begins-reopening-withdrawals-with-bitcoin-after-6-3-billion-hack) — thedefiant.io, 2026-11-01

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai