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Binance Targets November 13 to Reopen Withdrawals for Six Altcoins After $6.3 Billion Hack

By MABOnChain Desk · Published · Updated · 5 min read

Editorial digital-art illustration in the CoinTelegraph style: a dramatic scene of a massive cryptocurrency exchange vault with heavy steel gates swinging open, six glowing golden coins floating out through the opening toward an outstretched hand, a modern trading floor with candlestick charts glowing on screens in the background, a large calendar page showing mid-November in the foreground, a dark navy background with teal circuit lines and halftone dots, comic-book ink shading, cinematic painterly lighting, deep navy and charcoal tones with gold, teal and amber neon highlights, 16:9 wide composition, no text, no logos, no identifiable faces.

Published November 7, 2026, 3:30 PM PKT. Based on Binance Security Incident Recovery Update #9, published November 6, 2026 (primary source), with secondary reporting from The Coin Republic, Cryptopolitan and Longbridge on November 6 and 7, 2026.

Binance is working to reopen withdrawals for six altcoins by the end of next week, November 13, 2026, naming Hyperliquid ($HYPE), Injective ($INJ), Aptos ($APT), Plasma ($PLASMA), NEAR Protocol ($NEAR) and Litecoin ($LTC) in its Security Incident Recovery Update #9, published November 6, 2026. The target is the next dated milestone in the exchange's phased recovery from the October 29 security incident, in which about $6.3 billion in cryptocurrency was taken from its hot wallets. By the same deadline, Binance also aims to reopen withdrawals for all tokens on networks that have already been restored, including BNB Smart Chain, Ethereum ($ETH), Polygon, Arbitrum and Optimism. The exchange has not given a specific day or hour for any of the six tokens, and each withdrawal route still has to pass its own security and readiness checks before it opens.

The six tokens and the November 13 target

The six names are the concrete part of the update. Binance co-chief executive Richard Teng confirmed the timeline in a video update, according to The Coin Republic, and Binance repeated it in a separate written update, which said the exchange is working to reopen withdrawals for the six tokens by the end of next week. The Coin Republic, which published its report on November 7, put the target date at November 13, the Friday at the end of next week. Binance has not announced a more exact schedule, so holders of the six tokens still have a target week rather than a fixed day, and the exchange tells users to check the withdrawal page for their chosen asset and network, or its network status page, for the live state of each pair.

One of the six stands out. Hyperliquid ($HYPE) was not among the assets taken in the hack, according to Crypto Banter reporting cited by ChooseRich, yet its withdrawals were halted along with the rest while Binance locked down its systems, which is why traders had been asking when it would reopen. The other five, Injective ($INJ), Aptos ($APT), Plasma ($PLASMA), NEAR Protocol ($NEAR) and Litecoin ($LTC), are all tokens whose withdrawals have been closed since the incident. The target covers withdrawals only. Trading and deposits were not part of the announcement, and Binance has said throughout the recovery that each network and asset pair reopens only after it passes security and readiness checks, prioritized by user demand over the past week.

What the fourth batch already reopened

Update #9, published at 03:06 UTC on November 6, also reopened a fourth batch of withdrawals, with the rollout starting progressively at 04:00 UTC across nine blockchain networks and covering 58 network and asset pairs. That batch, covered in detail in our earlier report, included tokens on BNB Smart Chain, Base, Ethereum ($ETH), Optimism, Polygon, Arbitrum, Avalanche C-Chain, TRON and SUI. It followed the first phase on November 1, when withdrawals resumed across 15 networks, and two further batches on November 3 and November 5. The pattern is the same in every batch: pairs open one by one as checks finish, so a token named in an update can still show as unavailable for a time, and the 58 figure counts network and asset pairs, not 58 distinct tokens.

The 98% recovery and the 44-token reserve proof

The withdrawal dates sit on top of the replenishment work Binance reported in Recovery Update #7 on November 4. The exchange said it had replenished about 98% of the impacted amount, up from 95% on November 2 and 90% on October 31, and that it had set aside more than 100% of the funds needed to cover the losses from its own resources, including its Secure Asset Fund for Users, so customers would not bear the losses. The remaining 2% is in less liquid tokens that take longer to buy through market and over-the-counter channels, and Binance has not named the tokens still outstanding. The Federal Bureau of Investigation said on October 31 that North Korea carried out the theft, attributing it to the TraderTraitor hacking group, a finding also made by Chainalysis.

Update #7 also took a new proof of reserves snapshot at 00:00 UTC on November 4, covering 44 tokens, up from 10 in the previous snapshot, and Binance said generating the full zero-knowledge proof would take about 50 to 60 hours, after which holders of any covered token could verify for themselves that their balances are backed at least 1:1. That proof was still being generated when Update #7 was published, and no completion was announced in Update #9. The snapshot covers 44 tokens, not every asset listed on Binance. Meanwhile, Elliptic reported on November 6 that the hackers had swapped about $124 million of stolen altcoins into Bitcoin ($BTC), about 1,650 Bitcoin, even as Binance kept reopening withdrawals, according to Cryptopolitan.

A hotfix for the BNB Chain client

Separately, BNB Chain said a hotfix for its BSC-Reth client was available and asked mainnet and testnet node operators to upgrade to version 0.1.4-hotfix and restart their nodes, according to The Coin Republic. BNB Chain had earlier addressed a security risk affecting the Reth client and said opBNB does not use op-reth and that the impact on BSC-Reth was limited. The instruction is for node operators, not for people using the network to send or hold tokens, and BNB Chain said developers and users did not need to make changes.

What to watch next

Three dates will show whether the recovery stays on schedule. The first is November 13, when the six altcoin withdrawals are meant to reopen, and whether all tokens on the already-restored networks open by the same deadline. The second is Recovery Update #10, which should confirm whether the 44-token reserve proof has finished generating and whether replenishment has moved past 98%. The third is the remaining 2% of less liquid tokens, for which Binance has given no date. Until the six tokens open, holders can only watch the withdrawal page for their pair, since a target week is not a guarantee for any single day.

Sources

This article is news reporting and is not investment advice.

Not financial advice. This content is for information and education only. See our disclaimer, editorial policy and disclosures.

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