Binance Plans to Resume Withdrawals Within 48 Hours After $6.3B Hack
Binance has announced a timeline for resuming withdrawals following a historic hack linked to North Korean actors.
Binance has announced a timeline for resuming withdrawals following a historic hack linked to North Korean actors. This is an original Token Times brief synthesising 4 outlets (U.Today, Protos, Crypto.news, and others), plus live market data, as of Fri, 30 Oct 2026 08:00:02 UTC.
This hack, one of the largest in crypto history, threatens user confidence in Binance and raises concerns about security across major exchanges. The swiftness of Binance's response and the transparency of their recovery plan will be critical for maintaining trust in the platform.
- Binance expects to restore withdrawals within 48 hours after the $6.3B hack.
- The incident is one of the largest crypto exchange hacks ever recorded.
- Investigators have linked the attack to North Korean hackers.
- The broader crypto market remains down amid the security breach.
Both U.Today and Protos report that Binance suffered a massive hack resulting in the loss of $6.3 billion from its crypto wallets. They agree that this is one of the largest exchange hacks in history and that the incident occurred on Thursday. However, U.Today provides the additional detail about North Korean hackers being implicated in the attack, while Protos focuses on the immediate impact of the event without specifying the perpetrators.
Binance, one of the world's largest cryptocurrency exchanges, has announced that it plans to resume withdrawals within the next 48 hours following a historic security breach. The incident, which occurred on Thursday, resulted in the loss of $6.3 billion from the exchange's crypto wallets.
The breach has been linked to North Korean hackers by investigators, according to U.Today. This connection raises significant concerns about the security measures in place at major exchanges and the potential for state-sponsored cyberattacks in the crypto space.
Protos corroborates the scale of the hack, describing it as one of the largest in the history of cryptocurrency exchanges. The publication emphasizes the immediate impact of the event on Binance's operations and user trust.
The broader crypto market has been affected by the news, with the total market cap currently at $2.7 trillion and showing a downward trend. 
Bitcoin, the largest cryptocurrency by market cap, has declined by 2.07% in the past 24 hours, reflecting the overall market sentiment.
The Fear & Greed Index stands at 30, indicating a state of 'Fear' among investors. This suggests that the Binance hack has contributed to increased caution and uncertainty in the market.
Binance Plans to Resume Withdrawals Within 48 Hours After $6 — questions & answers
When will Binance resume withdrawals?
Binance expects to resume withdrawals within the next 48 hours.
How much was stolen in the Binance hack?
The hack resulted in the loss of $6.3 billion from Binance's crypto wallets.
Who is responsible for the Binance hack?
Investigators have linked the attack to North Korean hackers.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today, Protos, Crypto.news, Cryptopolitan, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.