Binance Resumes Withdrawals in Phases as BNB Stabilizes Near $707
Binance has begun phased withdrawals across 15 networks following a recent security incident.
Binance has begun phased withdrawals across 15 networks following a recent security incident. Bitcoin (BTC) is trading at $77,981.00. This is an original TLT brief based on reporting by Blockonomi, with live market data added, as of Sun, 01 Nov 2026 10:45:04 UTC.
The phased resumption of withdrawals indicates Binance's efforts to restore user confidence and normal operations after a significant security breach, with implications for BNB and broader market sentiment.
- Binance resumes withdrawals in phases across 15 networks including Ethereum and BNB Smart Chain.
- Bitcoin network was first to reopen after security checks.
- BNB price holds steady near $707 amid phased reopening.
- THORChain co-founder confirms node data is public.
- Binance Withdrawals Halted After $6.3B Hack, Bitcoin Tests Key Support Levels
- Binance Resumes Withdrawals in Phases as BNB Stabilizes Near $707 — this brief
- Binance Resumes Key Stablecoin and Token Withdrawals Post-Hack
Binance has begun the process of resuming withdrawals in phases after a recent security incident, with 15 networks including 
Ethereum, Solana, and 
BNB Smart Chain now open for withdrawals. Each withdrawal route is undergoing security checks before reopening.
The 
Bitcoin network was the first to be confirmed open, indicating a cautious approach to restoring full functionality. This phased approach is likely intended to ensure the security of user funds and prevent further incidents.
The news of the phased reopening comes as the BNB token price holds steady near $707, showing a slight 1.42% increase in the last 24 hours. This stability may reflect market confidence in Binance's ability to manage the situation.
The broader crypto market remains relatively flat, with a total market cap of $2.69 trillion. Bitcoin is up 0.87% in the last 24 hours, while Ethereum has seen a 1.17% increase. The Fear & Greed index remains at 34, indicating a market sentiment of fear.
The phased reopening of withdrawals is a critical step for Binance to restore user trust and normal operations. Investors will be watching for further updates on the security checks and any additional measures Binance implements to prevent future incidents.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $78,029.00 to $77,981.00 — -0.06%.
The chart plots BTC'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 BTC ≈ ₦107.26M (about $77,981.00), up 0.7% 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.
Binance Resumes Withdrawals in Phases as BNB Stabilizes Near — questions & answers
Which networks have resumed withdrawals on Binance?
15 networks including Ethereum, Solana, and BNB Smart Chain have resumed withdrawals.
What was the first network to reopen for withdrawals?
The Bitcoin network was the first to be confirmed open after security checks.
How is the BNB token price reacting to the withdrawal resumption?
BNB price is holding steady near $707, showing a 1.42% increase in the last 24 hours.
How much is 1 Bitcoin worth in naira today?
About ₦107.26M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $77,981.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.06% since this brief first published — trading at $77,981.00 now versus $78,029.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Blockonomi. 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.