Binance warned on Nov. 2 that scammers were offering paid withdrawal priority and fake compensation claims after its $6.3 billion hack. The exchange said withdrawals were resuming in phases, not all networks and assets had been restored, and it would not charge customers to speed up withdrawals or unlock funds. Its initial reopening across 15 networks on Nov. 1 processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC.
Binance also made a reserve proof available for an Oct. 31 snapshot, allowing holders of ten named assets to check that their included balances were backed at least 1:1 without revealing individual balances. The check requires customers to log in through Binance’s official website and run a downloaded verifier on their own computer. Binance said it had replenished about 95% of affected assets by Nov. 1; less liquid tokens made up the remaining 5%. It planned another withdrawal phase for Nov. 3 and a broader reserve snapshot for Nov. 4, with proof generation estimated to take a further 40 to 50 hours.
