Binance to Resume Withdrawals for Major Cryptocurrencies on Nov. 1
Binance plans to restore withdrawals for Bitcoin, Ethereum, XRP, and other major cryptocurrencies after recovering 95% of assets from a $6.3B security breach.
Binance plans to restore withdrawals for Bitcoin, Ethereum, XRP, and other major cryptocurrencies after recovering 95% of assets from a $6.3B security breach. Bitcoin (BTC) is trading at $78,103.00. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Mon, 02 Nov 2026 09:30:04 UTC.
The resumption of withdrawals for major cryptocurrencies restores user confidence and normalcy after a significant security incident that affected billions in assets.
- Binance to resume withdrawals for BTC, ETH, XRP, and others on Nov. 1.
- 95% of assets from a $6.3B security breach have been recovered.
- Market remains stable despite recent security concerns.
- Binance to Resume Withdrawals for Major Cryptocurrencies on Nov. 1 — this brief
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- Major Cryptocurrencies Consolidate After October Pullbacks
- Binance Withdrawals Surge to FTX Levels Amid Market Resilience
Cryptocurrency exchange Binance has announced plans to resume withdrawals for several major cryptocurrencies, including 
Bitcoin (BTC), 
Ethereum (ETH), 
XRP, and 
Solana (SOL), starting November 1. This decision comes after the exchange recovered 95% of the assets affected by a massive security breach that resulted in the loss of $6.3 billion.
The resumption of withdrawals is a significant step towards restoring normal operations and user confidence following the security incident. The breach, one of the largest in the history of cryptocurrency exchanges, had raised concerns about the security of user funds and the platform's ability to protect assets.
Despite the recent security concerns, the broader cryptocurrency market remains relatively stable. Bitcoin is currently trading at $78,066, up 0.26% in the last 24 hours, while Ethereum is at $2,286.46, up 0.79% in the same period. XRP, another affected cryptocurrency, is trading at $1.25, down 0.24% over the past day.
The recovery of 95% of the affected assets is a positive development for Binance and its users. It indicates that the exchange has made significant progress in mitigating the impact of the breach and is taking steps to ensure the security of user funds.
Looking ahead, the market will be watching to see how Binance's security measures evolve and whether the resumption of withdrawals will lead to any further developments or market reactions.
Since this brief published about 27 hours ago, Bitcoin (BTC) has moved from $78,066.00 to $78,103.00 — +0.05%.
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 ≈ ₦107.57M (about $78,103.00), up 0.1% over 24 hours. The naira itself trades about 2.1% 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 to Resume Withdrawals for Major Cryptocurrencies on — questions & answers
When will Binance resume withdrawals?
Binance plans to resume withdrawals for major cryptocurrencies on November 1.
How much of the affected assets has Binance recovered?
Binance has recovered 95% of the assets affected by the $6.3 billion security breach.
Which cryptocurrencies will be affected by the withdrawal resumption?
Bitcoin, Ethereum, XRP, Solana, and other major cryptocurrencies will be affected.
How much is 1 Bitcoin worth in naira today?
About ₦107.57M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $78,103.00. 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.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from U.Today. 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.