Summary

  • Binance began phase one of withdrawals on November 1 2026 for RLUSD and other assets after the October 2026 breach.
  • Withdrawals for RLUSD on Ethereum and XRPL networks were restored by November 3 following the record $6.3 billion hack.
  • Ripple minted $110.57 million in RLUSD on XRPL as Binance reopened XRP withdrawals on the exchange.

Binance restored phased withdrawals for RLUSD on Ethereum starting November 1 2026. The hack hit 90 percent of assets in October. The exchange confirmed full backing for affected holdings. It added RLUSD to listings during recovery.

The move marks a key step. It restores user access on the platform. The breach ranks as the largest known in crypto exchange news.

Context

The $6.3 billion hack in October 2026 prompted immediate halts on withdrawals across multiple networks. Binance issued recovery updates. These updates outlined the phased return of services while verifying asset integrity.

This timeline matters. It directly affects liquidity for stablecoins like RLUSD and major tokens including XRP. The incident erased significant portions of prior market gains. It also prompted scrutiny of exchange security across the sector.

Details

Binance announced phase one withdrawals would run between 06:00 and 09:00 UTC on November 1 2026. By November 3 the exchange had restored RLUSD withdrawals on both ETH and XRPL networks. It restored several other assets too.

"Withdrawals restored for RLUSD on ETH and XRPL."

, Binance

Ripple responded by minting $110.57 million in RLUSD on the XRPL. The mint followed a period of increased stablecoin supply. It coincided with Binance reopening XRP withdrawals.

Bitcoin ETFs recorded a $643 million outflow on November 2. That erased 64 percent of 2026 net inflows. The timing aligned with broader market reaction to the binance hack recovery news.

Reaction

Market participants tracked the rlusd withdrawals closely. Access resumed in stages. The ETF outflows highlighted immediate pressure on traditional crypto investment products tied to the exchange incident.

Social Highlight · @binance · 2026-11-01

Phase one withdrawals started Nov 1. (link)

Binance continued its withdrawal restoration phases through early November. It confirmed asset backing at the same time.

Binance plans additional phases. These will return full functionality for remaining assets and networks in the coming weeks. Users should monitor official announcements for updated schedules on xrp binance access and related services.