Binance has reinstated withdrawals for Zcash (ZEC), Toncoin (TON), and Sui (SUI) following a major security breach that occurred on October 29. Users are now able to transfer assets from these networks off the platform as the exchange phases in the restoration of additional withdrawal functions for affected cryptocurrencies.
Withdrawal Services Expanded Across Networks
According to Binance, ZEC withdrawals are operational through the Zcash network. Toncoin-related assets, including USDT and GRAM, are accessible on the TON network, while SUI withdrawals are live on the Sui blockchain. These updates form part of Binance’s step-by-step process to restore full withdrawal capabilities after the hack.
Earlier, Binance re-enabled withdrawals for major networks such as Bitcoin, Ethereum, Binance Coin (BNB), XRP, and Dogecoin. Services were also restored for Base, Optimism, and Arbitrum, alongside USDT and USDC on supported chains. In a more recent phase, Tron, Solana, Polygon, and Avalanche C-Chain withdrawals became available again.
Not all networks and assets have been reinstated. Binance stated plans to resume additional services once security validations are completed. During the withdrawal freeze, deposit services for affected assets remained available, but users are experiencing some delays as withdrawal queues are processed. The company has advised customers to monitor official channels for further updates as services are gradually restored.
| Asset/Network | Status |
|---|---|
| Bitcoin, Ethereum, BNB, XRP, Dogecoin | Withdrawals Restored |
| Base, Optimism, Arbitrum | Withdrawals Restored |
| USDT, USDC | Withdrawals Restored |
| Tron, Solana, Polygon, Avalanche C-Chain | Withdrawals Restored |
| ZEC (Zcash), TON (Toncoin), SUI | Withdrawals Now Restored |
| Other Networks/Missing Assets | Pending |
FBI Attributes Binance Hack to North Korean Group
The Federal Bureau of Investigation has linked the theft, which exceeded $6 billion, to a North Korean hacking group known as TraderTraitor. The FBI, working alongside the U.S. Secret Service and the Internal Revenue Service Criminal Investigation unit, reported detecting unusual fund flows involving the stolen digital assets.
Investigators indicated that the threat actors converted a significant portion of the stolen funds into Ether. Law enforcement agencies anticipate that further laundering could occur through decentralized finance (DeFi) protocols and instant swap services. As a precaution, they have advised operators of THORNode and other platforms to stop any transactions associated with the compromised assets.
This development comes as Binance continues to restore withdrawal options in incremental phases, following the unprecedented breach that interrupted its services.
Mini dictionary: TraderTraitor, also called the Lazarus Group, is a North Korean-linked hacker collective that has targeted numerous cryptocurrency and blockchain platforms worldwide, often carrying out large-scale cyber heists.
Binance Reports 95% Coverage of Affected Funds
Binance has announced that it has recovered approximately 95% of the $6.3 billion in digital assets lost to the October hack. The company stated this recovery is backed by its own reserves and the Secure Asset Fund for Users (SAFU), an emergency fund established to cover security incidents. The platform said it will continue to review and verify networks before reactivating remaining withdrawal services.
Binance stated it has resolved nearly 95% of losses from the security incident, with company reserves and SAFU being used to reimburse impacted users as it gradually restores withdrawal features for unsupported assets.
