Binance has expanded withdrawal access following its October 29 security incident, reopening Alpha withdrawals across BSC, Ethereum, Base and Arbitrum. The latest restoration marks another step in the exchange's phased recovery after hackers compromised employee devices and drained hot wallets in a record breaking cryptocurrency theft.

Binance has been covering affected assets through its corporate treasury and SAFU fund while restoring services. The exchange has also addressed unverified claims of stolen user information, urging customers to remain alert to phishing attempts.

Binance Restores Alpha Withdrawals Across Four Networks

Binance announced on November 9 that Alpha withdrawals have been reenabled on BNB Smart Chain, Ethereum, Base and Arbitrum. The latest update specifically covers Alpha assets on these four networks, with additional withdrawals already available for numerous tokens across Ethereum and Solana.

The exchange continues reopening assets in stages, depending on completed security checks and operational readiness. Users can verify whether their specific token and network are available through Binance's withdrawal interface.

Binance Covers Hack Losses Through SAFU & Treasury

The October 29 security breach resulted in approximately $6.3 billion in stolen cryptocurrency, making it one of the largest crypto thefts ever reported. Binance attributed the incident to compromised employee devices and unauthorized access to internal infrastructure.

The exchange committed to absorbing the entire financial impact through its corporate treasury and Secure Asset Fund for Users, commonly known as SAFU. Its November 1 recovery update stated that approximately 95% of impacted assets had been replenished, while the remaining portion involved less liquid tokens requiring additional purchases.

Latest Withdrawal Update

Withdrawals have now been re-enabled for the following networks and assets:

Newly Re-enabled Networks for Alpha:
✅ BSC
✅ ETH
✅ BASE
✅ ARBITRUM

Already Enabled:
✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD
✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD
✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME
✅ HYPE
✅ APT

We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels.

— Binance (@binance) November 9, 2026

Binance Addresses Alleged User Data Theft & Phishing Risks

Separately, claims circulated online alleging that hackers had obtained Binance customer information. Binance reported finding no evidence of a user data breach and pointed toward malware affecting personal devices as a potential source of compromise.

The distinction matters because the exchange's investigation focused on unauthorized access through compromised systems rather than confirmed exposure of its customer database.

Binance has urged users to remain vigilant against phishing attempts, particularly suspicious messages impersonating exchange representatives or offering assistance with withdrawals. Customers should rely on verified Binance communication channels rather than unsolicited recovery offers.

Binance Community Welcomes Withdrawal Recovery

The gradual restoration of withdrawals has received positive reactions from community members who had been waiting for normal exchange operations to return.

Reopening Alpha withdrawals across BSC, ETH, Base and Arbitrum adds another group of assets to Binance's recovery process. The exchange continues monitoring affected infrastructure while restoring remaining services and completing its security investigation.

Binance has also promised a detailed incident report after the investigation concludes, which should provide further information about the attack and the safeguards introduced following the breach.

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