Binance has now resumed withdrawals, with the first batch opening for BTC network withdrawals.

BlockBeats news, November 1st: Binance has resumed its first phase of withdrawal services today from 14:00 to 17:00 (UTC 06:00 to 09:00), with BTC network withdrawals being the first to open.

Binance stated that the resumption of withdrawals will be carried out in phases, with specific assets and networks prioritized based on user demand data from the past week, and gradually opened after completing security and stability checks. Other networks and assets will be restored successively once ready. Due to high traffic initially, some users may experience withdrawal delays or failures and can retry later.

Binance has covered approximately 95% of the affected amount from this hacking incident, further increasing from the previously announced 90%. The remaining about 5% consists of tokens outside the top ten assets, and due to low market liquidity, Binance is still procuring them through market and over-the-counter (OTC) channels, which will take more time to reach the required scale.