Binance Resumes Key Stablecoin and Token Withdrawals Post-Hack
Binance has restored withdrawals for major cryptocurrencies USDT, USDC, ETH, and BNB after a $6.3 billion hack.
Binance has restored withdrawals for major cryptocurrencies USDT, USDC, ETH, and BNB after a $6.3 billion hack. Ethereum (ETH) is trading at $2,269.46. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Sun, 01 Nov 2026 10:45:04 UTC.
The restoration of withdrawals for these major cryptocurrencies is crucial for rebuilding user trust and ensuring liquidity after one of the largest hacks in crypto history. It also indicates progress in Binance's recovery efforts.
- Binance has resumed USDT, USDC, ETH, and BNB withdrawals on Ethereum and BNB Smart Chain.
- The platform was previously affected by a $6.3 billion hack.
- USDT and USDC have circulating supplies of $179.7B and $71.8B respectively.
- Binance Plans Gradual Resumption of Withdrawals Within 48 Hours Post-Hack
- US Authorities Freeze $2.37B in Binance Hack Funds with Stablecoin Issuers
- Aave Resumes Operations Post-Binance Hack, Nine Assets Remain Restricted
- Binance Withdrawals Halted After $6.3B Hack, Bitcoin Tests Key Support Levels
- Bitcoin, Ethereum, XRP, and BNB Post Mixed Reactions to Binance Hack
- Binance Resumes Withdrawals in Phases as BNB Stabilizes Near $707
- Binance Resumes Key Stablecoin and Token Withdrawals Post-Hack — this brief
Binance has announced the resumption of withdrawals for major cryptocurrencies USDT, USDC, ETH, and 
BNB across the 
Ethereum and BNB Smart Chain networks. This move comes after the platform was targeted in a $6.3 billion hack, one of the largest in crypto history.
The restoration of these withdrawals is a significant step in Binance's recovery process, aiming to restore normal operations and user confidence. The platform has indicated that more networks are awaiting clearance, suggesting a phased approach to resuming full functionality.
The decision to resume withdrawals for these specific cryptocurrencies is likely due to their significant market presence and importance to the crypto ecosystem. USDT and USDC, the two largest stablecoins, have circulating supplies of $179.7 billion and $71.8 billion respectively, according to DeFiLlama.
The broader crypto market remains relatively stable, with a total market cap of $2.69 trillion. 
Bitcoin has seen a 24-hour increase of 0.87%, while Ethereum and BNB have also experienced slight gains of 1.17% and 1.42% respectively.
The restoration of withdrawals is a positive development for Binance and its users, but the platform will need to continue addressing security concerns and rebuilding trust. Investors and users will be closely watching the phased reopening of other networks and any further updates from Binance.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from $2,268.49 to $2,269.46 — +0.04%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₦3.12M (about $2,269.46), up 1.1% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Resumes Key Stablecoin and Token Withdrawals Post-Ha — questions & answers
Which cryptocurrencies had their withdrawals restored?
Binance has restored withdrawals for USDT, USDC, ETH, and BNB.
What was the value of the hack that affected Binance?
Binance was affected by a $6.3 billion hack.
Which networks have had withdrawals restored?
Withdrawals have been restored on Ethereum and BNB Smart Chain.
How much is 1 Ethereum worth in naira today?
About ₦3.12M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,269.46. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.