Binance Resumes Withdrawals for Some Crypto Assets on Ethereum Network

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Binance has resumed withdrawals for five assets on the Ethereum network, according to a statement from the cryptocurrency exchange.

"Withdrawals for the following assets and networks have been restored: RLUSD, USD1, TUSD, FDUSD, XUSD," the exchange announced.

Binance added that once security checks are completed, withdrawals for other assets and networks will also be restored.

Earlier, Binance announced that it would begin a phased resumption of withdrawals for additional crypto assets and networks starting November 3. The published list includes assets on nine networks: Ethereum, BSC, Solana, XRP, SUI, Arbitrum, Optimism, TRON, and Base.

Binance suffered a hacking attack on October 29, with initial losses estimated at $6.3 billion. After unfreezing the withdrawal function, users were able to withdraw approximately $3.64 billion.