Binance Resumes Key Stablecoin and Token Withdrawals After $6.3B Hack
Binance has restored withdrawals for USDT, USDC, ETH, and BNB on Ethereum and BNB Smart Chain following a major security breach.
Binance has restored withdrawals for USDT, USDC, ETH, and BNB on Ethereum and BNB Smart Chain following a major security breach. Ethereum (ETH) is trading at ₹2,15,476 ($2,266.97). This is an original Token Times brief synthesising 5 outlets (Crypto.news, The Daily Hodl, Bitcoin.com, and others), plus live market data, as of Sun, 01 Nov 2026 12:15:01 UTC.
The restoration of withdrawals for major cryptocurrencies and stablecoins is crucial for restoring user confidence and normal operations after a significant security incident that put $6.3 billion at risk.
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- Binance Says It Has Replaced 90% of $6,300,000,000 Stolen in Record Crypto Hack ↗
- Binance Resumes Crypto Withdrawals After Record Hack, 95% of Losses Covered ↗
- Binance has resumed USDT, USDC, ETH, and BNB withdrawals on Ethereum and BNB Smart Chain.
- The move follows a $6.3 billion hack, with more networks awaiting clearance.
- USDT and USDC circulating supplies are $179.72B and $71.85B respectively.
Crypto.news reports that Binance has restored withdrawals for USDT, USDC, ETH, and BNB on Ethereum and BNB Smart Chain after the $6.3 billion hack. No other outlets have reported on this development, so there is no corroboration or contradiction at this time.
- Major Stablecoin Issuers Freeze $2.6B Linked to Binance Hack
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- Binance Halts Withdrawals Amid $6.3B Hack Fears; Bitcoin Tests Key Support
- Bitcoin, Ethereum, XRP, and BNB Exhibit Divergent Price Movements Post-Binance Hack
- Binance Resumes Withdrawals in Phases as BNB Price Stabilizes Near $707
- Binance Resumes Key Stablecoin and Token Withdrawals After $6.3B Hack — this brief
- Binance Resumes Solana Token Withdrawals After Security Incident
Binance has resumed withdrawals for several major cryptocurrencies and stablecoins following a significant security breach. The exchange has restored USDT, USDC, ETH, and
BNB withdrawals on the
Ethereum and BNB Smart Chain networks, according to Crypto.news.
The decision to resume withdrawals for these assets is a critical step in restoring normal operations after the exchange faced a $6.3 billion hack. This incident, one of the largest in crypto history, prompted Binance to temporarily suspend withdrawals to secure user funds.
The restoration of these withdrawal options is likely aimed at reassuring users and maintaining liquidity on the platform. USDT and USDC, the two largest stablecoins by market cap, have circulating supplies of $179.72 billion and $71.85 billion respectively, according to DeFiLlama.
The broader crypto market remains relatively stable, with a total market cap of $2.69 trillion.
Bitcoin is up 0.87% in the last 24 hours, while Ethereum has gained 1.17% over the same period. BNB, Binance's native token, has also seen a 1.42% increase in the past day.
The restoration of withdrawals for these key assets is a positive sign for Binance and the wider crypto community. However, the exchange will need to continue working on security measures to prevent future incidents and maintain user trust.
Since this brief published about 3 hours ago, Ethereum (ETH) has moved from ₹2,15,620.14$2,268.49 to ₹2,15,475.66$2,266.97 — -0.07%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹234,642.73 (about $2,266.97), up 0.9% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Resumes Key Stablecoin and Token Withdrawals After $ — questions & answers
What cryptocurrencies had their withdrawals restored by Binance?
Binance restored withdrawals for USDT, USDC, ETH, and BNB on Ethereum and BNB Smart Chain.
How much was the Binance hack worth?
The Binance hack was valued at $6.3 billion.
What is the current circulating supply of USDT and USDC?
USDT has a circulating supply of $179.72 billion, while USDC's is $71.85 billion.
How much is 1 Ethereum worth in rupee today?
About ₹234,642.73 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,266.97. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.07% since this brief first published — trading at ₹2,15,476 ($2,266.97) now versus ₹2,15,620 ($2,268.49) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news, The Daily Hodl, Bitcoin.com, Bitcoin Sistemi, BeInCrypto, 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.
