Binance Reopens Withdrawals on 87 Networks Following Security Breach

Binance has reopened withdrawal services across 87 blockchain networks, a development in the cryptocurrency exchange’s recovery from a security breach that occurred on October 29, 2026. The incident was associated with an estimated loss of $6.3 billion.

Following the security breach, Binance has been working to restore full functionality. The resumption of services on these networks indicates progress in addressing the security vulnerabilities that coincided with the breach. Market data is being examined for further insights into Binance’s bitcoin reserves, as well as exchange inflows and outflows, which have presented a complex picture.

The October 29, 2026, security breach prompted a review and enhancement of Binance’s security protocols. The reopening of withdrawal services is a key development in the ongoing recovery process.

Broader Context

Source materials place the factual news in this context: Binance has reopened withdrawals across 87 blockchain networks as the cryptocurrency exchange continues recovering from its devastating $6.3 billion security breach on Oct. 29, 2026. Meanwhile, market data offers a closer examination of Binance’s bitcoin reserves, exchange inflows, outflows and netflows. Binance Restores 87 Networks as Outflows Paint a Curious Picture Binance’s latest recovery announcement, […].