Crypto Heist: Binance covers 95% tokens, resumes withdrawals

Binance has resumed withdrawals after covering 95% of tokens in the aftermath of an incident described as a crypto heist.

The update marks the latest reported development in the incident, with access to withdrawals restored after the exchange addressed most of the affected tokens.

Withdrawals resume

Binance’s announcement focuses on two developments: the exchange has covered 95% of tokens and withdrawals are operating again. The available information does not specify the total value involved, the tokens affected or the circumstances behind the incident.

Limited details remain available

The report does not identify the cause of the heist, whether any assets remain uncovered or what additional measures Binance may take. It also provides no information on customer losses, regulatory action or the broader market response.

For now, the resumption of withdrawals is the clearest operational update. Further details would be needed to assess the full financial and security impact of the incident.