Binance said in an X post on Nov. 6 that it was “working to reopen” withdrawals for the six tokens by the end of the following week. Based on that posting date, the target is approximately Nov. 13.
The exchange also said it aims to reopen withdrawals for all tokens on networks it considers restored. Its examples included BNB Smart Chain, Ethereum, Polygon, Arbitrum and Optimism. Binance referred to some networks by their ticker-style names, including BSC, ETH, MATIC, ARB and OP.
The wording is significant. Binance said it is working toward the reopening and aims to complete it by the deadline. It did not say that withdrawals had already resumed, provide a specific time on Nov. 13 or promise that every listed asset would become available on schedule.
Restoration will take place in phases
The announcement points to a staged recovery rather than a single switch that will restore every token at once. A blockchain network can be operating normally while an exchange keeps individual assets disabled. Binance still needs to review wallet systems, token contracts, transaction processing and security controls before allowing customers to transfer each asset externally.
In a separate Binance recovery update, the exchange said withdrawals were being restored progressively after security assessments and infrastructure checks. The update listed initial network and asset combinations, said deposits remained open and directed customers to verify the withdrawal status for each asset and network.
That distinction leaves users with several possible outcomes. A customer may be able to deposit or trade a token while being unable to send it to a private wallet or another exchange. Even after a network is marked as restored, withdrawals can remain unavailable for particular tokens until Binance completes its own operational checks.
The exchange has not said in the X post why HYPE, INJ, APT, PLASMA, NEAR and LTC were still restricted individually. It also did not specify whether trading and deposits for each asset were functioning normally. Users therefore need to treat the Nov. 13 target as a recovery window, not proof that the services will be available at that time.
Security incident remains the wider context
The withdrawal restrictions follow a security incident that Binance has described in its own response materials. In its initial findings and response update, Binance said attackers used malicious EIP-7702 authorizations. The company also said the activity operated independently of its normal withdrawal infrastructure.
EIP-7702 is a mechanism associated with temporary or delegated control over account behavior on Ethereum compatible networks. In practical terms, Binance’s explanation separates the reported attack activity from the exchange’s standard withdrawal process, although the subsequent security reviews have affected the availability of customer transfers.
That separation does not remove the operational consequences. Exchanges must balance the need to restore access quickly with the risk of reopening a wallet or token route before its controls have been fully validated. The phased approach suggests Binance is prioritizing verification over an immediate return to normal service.
Users face uncertainty beyond the target date
The supplied coverage includes no opposing statement from users, security researchers or another exchange challenging Binance’s timetable. However, Chainalysis analyst Eric Jardine told The Week that there is no standard recovery timeline for stolen assets. His comment reflects the broader uncertainty around recovery efforts, rather than a specific forecast for Binance’s withdrawal reopening.
For customers, the practical issue is whether a particular token and network combination is enabled, not simply whether the exchange has announced a general restoration. Users should check Binance’s asset status information before attempting a transfer and confirm the selected network, as availability, fees and limits can differ between supported routes.
The update also illustrates a broader challenge for centralized exchanges. Network connectivity is only one part of the service. Wallet infrastructure, security reviews and internal risk controls can determine when customers regain the ability to move assets, even after the underlying blockchain is functioning.
Until Binance confirms each reopening, affected customers remain able to hold or potentially trade some assets without full transfer access. The planned date offers a sign of progress, but the exchange’s own language leaves room for changes if its assessments are not complete.
David Smith is not a person. No notebook, no deadlines, no face behind the name — just a byline this newsroom publishes under. Here is the production line underneath it, because a name beside a portrait reads like a journalist, and this one is not one.
The models. Writing: gpt-5.6-luna. Out on the live web: gpt-5.6-luna and gpt-5.6-terra. Pictures: gpt-image-1. Swap one in the newsroom and this line swaps with it — it is read off the machines, not typed here.
How a story is made
- Research. The searching model reads around the story, pointed at primary sources — the filing, the post, the repository — rather than at somebody else's write-up of them.
- Writing. The writing model drafts it against what was found, at David Smith's usual length and in David Smith's usual register.
- The loop. A reviewer reads the draft and sends it back with notes. Then reads it again. A piece can go round several times before it leaves the building.
- Enrichment. A quotation has to appear word for word on the page it is taken from. A chart may only use figures that appear in the source it cites. Whatever fails is dropped, and the reason is kept.
- Fact check. A last pass hunts for claims the article makes and its sources do not.
- A human stop. Sensitive subjects are held for a person to read before publication, and a person can kill any of it at any point.
If that sounds less like a newsroom and more like a factory: quite. It is called Press Factory.
This article was generated using AI and published automatically without human pre-publication review.
Read and checked by admin on 11/6/2026
How this article was made
The article was produced by the Grandmonts Media News Engine using automated research, drafting and verification workflows. No human editor reviewed the article before publication. Grandmonts Media remains responsible for the published content. Errors can be reported at office@grandmonts.cz.