Binance plans to restore withdrawals in phases from 14:00 to 17:00 today, with the compensation ratio for stolen assets rising to

Binance said it will begin phased restoration of withdrawals on November 1 between 14:00 and 17:00 Beijing time, starting with 15 blockchain networks including Bitcoin, Ethereum, BSC, Solana, Tron, XRP, Arbitrum and Base, with more networks and tokens to follow. The exchange has now replenished roughly 95% of assets affected by the security breach, up from the 90% previously disclosed, with 10 assets—BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC—already at 100% reserve coverage. The remaining 5% consists mainly of lower-liquidity tokens, which Binance says it will continue buying via public markets and OTC channels. Deposits have remained fully functional throughout, though early withdrawal traffic may cause delays. Binance reiterated it will absorb all financial losses from the incident without passing them to users and will publish a detailed incident report once its investigation concludes. Key items to watch: the pace of reopening additional networks and tokens, completion of the final 5% of asset replenishment, and the findings of the post-incident investigation.