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Author Topic: Binance has been hacked[Updated]  (Read 1275 times)
Sticky Bomb
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November 08, 2026, 11:14:15 PM
 #121

I trust Binance when it comes to holding a small amount of Bitcoin with them, they also have a good reserve for hard periods like this one.
It is good that you hold just little amounts with them, hopefully what you can afford to loose. Binance demonstrated the maturity in the way they handled this hack. They've replenished about 98% of the impacted amount as seen in the OP, so almost every users funds have been returned and can be seen from their proof of reserves. Binance also escaped another security issue with Signal Plus which could've resulted in another loss.

Most of the issues big institutions face now is from third-party providers, it is a good thing Binance is doing more to hold them accountable for their security shortcomings. 

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Today at 04:47:25 AM
 #122

I trust Binance when it comes to holding a small amount of Bitcoin with them, they also have a good reserve for hard periods like this one.
It is good that you hold just little amounts with them, hopefully what you can afford to loose. Binance demonstrated the maturity in the way they handled this hack. They've replenished about 98% of the impacted amount as seen in the OP, so almost every users funds have been returned and can be seen from their proof of reserves. Binance also escaped another security issue with Signal Plus which could've resulted in another loss.

Most of the issues big institutions face now is from third-party providers, it is a good thing Binance is doing more to hold them accountable for their security shortcomings. 
They took full responsibility for the hacking and did not include the users in this loss. They have gained the trust of the users here so that the users do not get dissatisfied with them. Binance knows one thing very well that if the users had to pay the share of the money they lost due to this hacking, they would have already withdrawn all the money from Binance, which would have reduced the popularity of the exchange and also seriously damaged this crypto exchange. However, they have handled the issues quite well, I definitely appreciate their actions.

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KawasakiNinja1_
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Today at 05:52:55 AM
 #123

I trust Binance when it comes to holding a small amount of Bitcoin with them, they also have a good reserve for hard periods like this one.
It is good that you hold just little amounts with them, hopefully what you can afford to loose. Binance demonstrated the maturity in the way they handled this hack. They've replenished about 98% of the impacted amount as seen in the OP, so almost every users funds have been returned and can be seen from their proof of reserves. Binance also escaped another security issue with Signal Plus which could've resulted in another loss.

Most of the issues big institutions face now is from third-party providers, it is a good thing Binance is doing more to hold them accountable for their security shortcomings.  
They took full responsibility for the hacking and did not include the users in this loss. They have gained the trust of the users here so that the users do not get dissatisfied with them. Binance knows one thing very well that if the users had to pay the share of the money they lost due to this hacking, they would have already withdrawn all the money from Binance, which would have reduced the popularity of the exchange and also seriously damaged this crypto exchange. However, they have handled the issues quite well, I definitely appreciate their actions.
After the hacking, Binance promised to refund the users from their reserve funds as you may well know, and they returned almost 95% of the stolen money. Moreover after the biggest hacking in crypto history, people's popularity towards Binance may have decreased because they are not aware about the security of users' assets, so we can say in this context that even if these platforms give users money back due to hacking, it is not safe to keep funds there, because they are hacked due to the slightest error.

Besides I can still see that Binance is constantly giving their new withdrawal updates i.e. they have tried to launch withdrawal services for all tokens of this platform for the benefit of users and today the newly launched networks for alpha are, BSC, ETH, BASE. By the way since Binance has refunded users' money, and they have re-enabled withdrawal services, so it seems to me that to avoid spamming here, the OP should close this thread.

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Today at 09:36:08 AM
 #124

Updates on Binance enabled withdrawals:
Quote
Withdrawals have now been re-enabled for the following networks and assets:  

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

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.
https://x.com/binance/status/2119655363385659500

More details on previously updated withdrawals on the OP

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Today at 12:33:00 PM
 #125

My friend that wanted to withdraw on Binance said it is not going, I have not tried to withdraw on the exchange because I have no money there. It is not good to have coins in exchanges.
See for yourself the evidence of my withdrawal few minutes ago. You can see the rejected one when they disabled withdrawals and the successful one from recently.

Your friend can go ahead and withdraw if he wishes, he can still convert to USDT or any coin shown in the OP of this thread and withdraw successfully.

His friend shouldn't be worried cause Binance stated that the withdrawal would be in batches. Accirding to them, every customer funds is intact and would be distributed to everyone accordingly. I also have friends that's withdrawan their own, i don't know if his friend is still having difficulties with withdrawal till now but he should be patient.
 Atleast this should teach the dude that saving money with exchanges is not reliable and any money that's not for short term use shoukd be saved in a non custodial wallet, sometimes things like these happen so people who are too stubborn to heed to instructions would learn, cause i know some people knew the disadvantages of saving with exchanges but still risked it.

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Today at 03:26:27 PM
 #126

See for yourself the evidence of my withdrawal few minutes ago. You can see the rejected one when they disabled withdrawals and the successful one from recently.

Your friend can go ahead and withdraw if he wishes, he can still convert to USDT or any coin shown in the OP of this thread and withdraw successfully.

His friend shouldn't be worried cause Binance stated that the withdrawal would be in batches. Accirding to them, every customer funds is intact and would be distributed to everyone accordingly. I also have friends that's withdrawan their own, i don't know if his friend is still having difficulties with withdrawal till now but he should be patient.
 Atleast this should teach the dude that saving money with exchanges is not reliable and any money that's not for short term use shoukd be saved in a non custodial wallet,

You no check the date when this person been make this post?, actually na when everything don already they settled for the exchange regarding there withdrawal, so the way e they so everything done normalized as e take be before and I they very certain say nobody they get issues when them won withdraw their coins again. Indeed the fear way plenty users been get for this matter go definitely they their mind anytime when them won leave money for exchange, for me na something way I no fit try ooh because e no they safe.

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Today at 03:54:01 PM
 #127

You no check the date when this person been make this post?, actually na when everything don already they settled for the exchange regarding there withdrawal
No bro, everything is not yet settled.

Firstly Binance don replace only 98% of de impacted funds and no be 100% because the oda 2% dey less liquid.

Secondly, the OP of this thread dey give updates concerning withdrawals as Binance dey add more networks and tokens to those available for withdrawals, see de latest update wey em give today
Quote
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.
https://x.com/binance/status/2119655363385659500

More details on previously updated withdrawals on the OP

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