NewsSignals AI analysis·Cointelegraph·Nov 3, 2026

Binance begins second withdrawal phase following record hack

Grade Sbullish AI signal$BNB$ETH$SOL$XRP

Binance is preparing to reopen withdrawals for additional cryptocurrencies in a second recovery phase following last week's record $6.3 billion hack. The rollout is scheduled to begin Tuesday at 04:00 UTC, covering networks including Ethereum, Solana, XRP Ledger, BNB Chain, Arbitrum, Optimism, Tron and Base, with withdrawals resuming progressively after security checks. The phased reopening could gradually restore user confidence and liquidity access, although the scale of the hack and ongoing recovery process remain significant concerns.

Bullish strength: 55/100

Binance is progressively restoring cryptocurrency withdrawals following the security incident.
The second phase expands withdrawal access across major blockchain networks.
Deposits remain available.

Bearish strength: 45/100

The withdrawal recovery follows a reported $6.3 billion hack.
Withdrawals remain restricted for additional assets until security and readiness checks are completed.
The phased reopening highlights ongoing operational disruption.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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