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Binance Reopens 87 Networks Following Breach

Binance said in an announcement published Nov. 14, 2026, that it had restored withdrawals on 87 networks after an Oct. 29 attack. It aims to reopen withdrawals on all remaining networks and assets by the end of the following week, but said that is a target, not a guarantee. It warned customers to check its network status page and expect possible delays.

Attackers reportedly took about $6.3 billion from Binance-controlled wallets; third parties later froze around $3 billion, but the amount ultimately recoverable remains uncertain. Binance says customer funds remain protected and has pledged to cover losses. Separately, Cryptoquant estimated Binance’s bitcoin reserves at about 688,900 BTC, though other analytics sites report different figures. Its negative netflow readings show more bitcoin leaving exchange-associated wallets than entering them, but cannot distinguish customer withdrawals from internal transfers or other activity.

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