Binance Resumes Withdrawals in Phases as BNB Price Stabilizes Near $707
Binance has begun phased withdrawals after the recent hack, with BNB price holding steady near $707.
Binance has begun phased withdrawals after the recent hack, with BNB price holding steady near $707. Bitcoin (BTC) is trading at ₹74,04,496 ($77,901.00), down 0.2% since this brief published. This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
The phased resumption of withdrawals indicates Binance's efforts to restore normal operations and user confidence after the security breach, while the stable BNB price suggests market resilience despite the incident.
- Binance has resumed withdrawals in phases across 15 networks including Ethereum and BNB Smart Chain.
- Bitcoin network was the first to reopen after security checks.
- BNB price remains stable near $707 despite the recent hack.
- Market cap of BNB stands at $93.59B amid the phased withdrawal resumption.
- Binance Halts Withdrawals Amid $6.3B Hack Fears; Bitcoin Tests Key Support
- Binance Resumes Withdrawals in Phases as BNB Price Stabilizes Near $707 — this brief
- Binance Resumes Key Stablecoin and Token Withdrawals After $6.3B Hack
- Binance Resumes Solana Token Withdrawals After Security Incident
Binance, the world's largest cryptocurrency exchange, has started the phased resumption of withdrawals after experiencing a security breach. According to multiple outlets, the process began with the
Bitcoin network, which was the first to be confirmed as open after undergoing security checks.
The phased reopening covers 15 networks, including major ones like
Ethereum, Solana, and
BNB Smart Chain. Each withdrawal route is subject to rigorous security checks to ensure the safety of user funds.
Blockonomi reports that THORChain co-founder Chad Barraford commented on the situation, stating that node data is public. This detail highlights the transparency efforts being made by Binance and its partners during the recovery process.
Despite the recent security incident, the BNB token has shown resilience, with its price holding steady near $707. This stability suggests that the market has not reacted negatively to the news of the phased withdrawal resumption.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.69 trillion. Bitcoin is currently trading at $78,029, up 0.87% in the last 24 hours, while Ethereum is at $2,268.49, up 1.17% in the same period. The Fear & Greed Index stands at 34, indicating a 'Fear' sentiment in the market.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹74,16,662.07$78,029.00 to ₹74,04,495.66$77,901.00 — -0.16%.
The chart plots BTC'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 BTC ≈ ₹8.06M (about $77,901.00), up 0.5% 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.
Binance Resumes Withdrawals in Phases as BNB Price Stabilize — questions & answers
Which networks have resumed withdrawals on Binance?
Withdrawals have resumed on 15 networks including Bitcoin, Ethereum, Solana, and BNB Smart Chain.
How is Binance ensuring the security of withdrawals?
Each withdrawal route is subject to security checks, as confirmed by multiple outlets.
What is the current price of BNB and how has it reacted to the news?
BNB is trading near $707, showing stability despite the recent security incident.
How much is 1 Bitcoin worth in rupee today?
About ₹8.06M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,901.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.16% since this brief first published — trading at ₹74,04,496 ($77,901.00) now versus ₹74,16,662 ($78,029.00) 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 Blockonomi. 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.