Binance reopens USDT, USDC, ETH, BNB withdrawals as President Trump weighs in

Binance has resumed USDT, USDC, ETH and BNB withdrawals on Ethereum and BNB Smart Chain, giving customers access to stablecoin transfers for the first time since the October 29 hack that drained approximately $6.3 billion. Summary Binance has restored USDT, USDC, ETH and BNB withdrawals across Ethereum and BNB Smart Chain. Stablecoin withdrawals resumed on November 1, following Bitcoin’s reopening after the $6.3 billion hack. Binance says it has replenished 95% of affected assets, with the remaining 5% awaiting replacement. President Donald Trump said he would discuss the hack with North Korea if its involvement is confirmed. The FBI attributed the attack to North Korea’s TraderTraitor group as Binance continues reopening withdrawal networks. In a November 1 announcement, Binance confirmed that USDT, USDC and ETH withdrawals were available on Ethereum, while BNB Smart Chain supported USDT, USDC and BNB. The reopening followed Bitcoin withdrawals earlier Sunday, when the exchange began restoring services after nearly three days of restrictions. Withdrawal UpdateWithdrawals have now been restored for the following assets and networks:– Ethereum Network: USDC, USDT, ETH– BNB Smart Cha...