Binance Reopens 87 Networks Following Historic $6.3 Billion Breach
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Binance has restored withdrawals across 87 blockchain networks after a $6.3 billion security breach on Oct. 29, 2026, with the exchange still working to fully recover operations. Market data on Binance’s bitcoin reserves, exchange inflows, outflows and netflows suggests a more nuanced picture than the headline outage, as deposit and withdrawal activity diverges from what a simple recovery narrative would imply. The reopening matters because it restores user access to funds across dozens of chains and tests confidence in the exchange following one of the largest breaches in crypto history. Traders will be watching whether bitcoin reserves stabilize and whether netflows normalize as remaining services come back online.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
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