Binance Reopens BTC Withdrawals on Bitcoin Network

Binance’s Chinese-language announcement states that it has now resumed withdrawal services for USDC, USDT, and ETH on the Ethereum network, as well as USDC, USDT, and BNB on the BNB Smart Chain (BSC). The exchange added that it will continue conducting security checks, and will resume withdrawals for additional assets and networks in phases once the checks are completed, with future updates to be shared via official channels.

Binance co-founder He Yi posted that the exchange’s withdrawal services are currently operating smoothly overall, though a surge in withdrawal requests within a short period could lead to network congestion, which is expected to gradually resolve. He Yi reminded users to carefully verify their receiving addresses before withdrawing, confirm the security of new devices and operating environments, and prioritize fund safety.

Binance has now resumed withdrawal services for USDC, USDT, and ETH on the Bitcoin and Ethereum networks, as well as USDC, USDT, and BNB on the BNB Smart Chain (BSC). The exchange stated that it will continue conducting security checks, and once these checks are completed, it will gradually resume withdrawals for more assets and networks. Updates on future progress will be released via official channels.

How many altcoins has the Binance hacker dumped? On EVM chains alone, the hacker dumped over 130 altcoins, receiving: 123,400 $ETH ($277.26M) 1.69M $USDC Total: $279M

Binance announced in a post that, as part of its ongoing security response measures, the platform has updated its Proof of Reserves (PoR) address list by adding newly generated wallet addresses. All future withdrawals will be uniformly processed through these new addresses.

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