Binance begins second withdrawal phase following record hack

Binance plans to begin a second phase of cryptocurrency withdrawals on Tuesday following last week’s $6.3 billion hack.

Withdrawals for additional assets are scheduled to resume progressively from 04:00 UTC on Tuesday, according to Binance’s latest recovery notice. The rollout follows an initial reopening on Nov. 1.

“Like phase one, reopening will roll out progressively across the assets as security and readiness checks are completed,” said Binance.

The exchange said it was prioritizing tokens based on user demand over the past week. Deposits remain available.

Networks part of the second phase of withdrawals include Binance Smart Chain, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base, according to Binance.

Related: Binance net outflows surge to $5.8B as withdrawals resume after record hack