Binance says it has reopened cryptocurrency withdrawals across 87 blockchain networks and is targeting the restoration of the remaining networks and assets by the end of next week. The update marks another stage in the exchange’s recovery from an October security breach that Reuters reported involved approximately $6.3 billion in stolen tokens.
What has been restored
In a recovery notice dated 14 November, Binance said withdrawals had been reopened on 87 networks during the week. The company warned that the phased rollout could bring temporary delays or longer processing times as activity increases. It advised customers to check the status of the specific asset-and-network combination they intend to use rather than assume that every route is available.
The exchange said it aims to reopen all remaining withdrawal services by the end of next week. That is a target, not confirmation that the restoration is complete. Binance has also said it has secured assets covering 95% of the amount stolen and has pledged to reimburse customers in full.
Attribution and security questions
Reuters reported that Binance and the US Federal Bureau of Investigation attributed the breach to North Korean actors, while Pyongyang denies responsibility. Blockchain investigators have linked the operation to the TraderTraitor group. The attribution remains disputed by North Korea and should be understood as the assessment of the named investigators and authorities, not an admission by Pyongyang.
The scale of the reported theft has renewed scrutiny of the security architecture of large digital-asset platforms. Exchanges hold assets for customers across many blockchains, and a breach can affect withdrawals, liquidity and confidence well beyond the platform itself. The incident also underlines why customers should verify network availability and wallet addresses before moving funds.
What users and markets should watch
The next test is whether Binance meets its restoration target without further interruptions. Customers should rely on the exchange’s live withdrawal page and network-status notices for the latest availability. A reopened network does not by itself establish that every asset, route or processing queue is operating normally.
For the wider crypto industry, the episode is a reminder that operational resilience and transparent incident reporting are central to trust. The recovery timetable is encouraging for users awaiting access, but the company’s longer-term credibility will depend on the results of its security review and the fulfilment of its repayment commitment.
Sources: Reuters — Binance targets full reopening of withdrawals; Binance official recovery update, 14 November 2026; The Times of India — restoration across 87 networks.