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Magyar1 Nov 2026
Binance reopened withdrawals in phases and saw about $3.64 billion in net outflows in the first nine and a half hours, while the hackers kept swapping and laundering stolen funds. October closed as a record month for crypto hacks at $6.48 billion.
Markets TradeReviewed News Desk
The stories that mattered for crypto traders on Sunday, November 1, 2026.
Binance reopens withdrawals
- Withdrawals restart in phases. Binance began reopening withdrawals between 06:00 and 09:00 UTC, starting with 15 networks including Bitcoin, Ethereum, BNB Chain and Solana. It says about 95% of the $6.3 billion hit is now covered, with top assets 100% backed. (our full story)
- $3.64 billion leaves in 9.5 hours. Binance processed $4.65 billion in withdrawals against $1.01 billion in deposits after the restart, a net outflow of about 2.1% of its assets. OKX led inflows among rival exchanges. (our full story)
Following the stolen funds
- 130+ altcoins dumped for $279 million. Lookonchain says the hacker sold more than 130 altcoins on EVM chains for about 123,400 ETH and 1.69 million USDC. (our full story)
- 970,522 SOL swapped toward bitcoin. About $95.9 million in stolen SOL is being moved into BTC through Relay Protocol, with roughly $46.4 million moving in a single hour. (our full story)
- Rushed trades cost the hackers $119 million. Bitquery data shows bad swap prices while racing stablecoin freezes; arbitrage bots kept about $60 million and about $29.5 million went to Ethereum block builders and validators. (our full story)
- $242 million laundered off Tron in two days. North Korean hackers used Relay, THORChain, Chainflip and Symbiosis, while the FBI urges THORChain node operators to block addresses tied to the theft. US investigators, including the Secret Service, are still working the case. (our full story)
Security and networks
- October hacks hit $6.48 billion. PeckShield counted 56 major hacks in October, up about 745% from September, driven by the Binance incident. November opened with a $464,600 Premia exploit. (our full story)
- Solana reward records hide the commission rate. The Agave client leaves the commission field empty once custom collectors are active; P2P.org says commission is still charged and rewards still reconcile. (our full story)
What it means for traders
The Binance restart brought heavy outflows but no disorderly market so far, and the stolen funds are now flowing mainly into ETH and BTC through swap services. Large moves from flagged wallets are the flows to watch this week, alongside the November 3 US election. Spread risk across venues and compare security and fees in our crypto exchange comparison, with the BingX review (number 1) and OKX review (number 2). For information only, not investment advice.
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