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Binance Reopens HYPE and APT Withdrawals in Phased Post‑Hack Recovery

The narrow reopenings signal progress toward making users whole as law‑enforcement tracing and on‑chain laundering pressure continue to limit some withdrawal routes.

Overview

  • Binance re‑enabled withdrawals for Hyperliquid (HYPE) and Aptos (APT) on Nov. 8 as part of its step‑by‑step recovery following the Oct. 29 $6.3 billion hot‑wallet breach.
  • The exchange says it has replenished roughly 95–98% of affected assets and will cover customer losses using corporate reserves and the Secure Asset Fund for Users, which it plans to rebuild to about $1 billion.
  • Binance completed reserve verification for ten major cryptocurrencies, including Bitcoin and Ethereum, but several withdrawal routes remain closed and the company has not published a full list or timeline for remaining restorations.
  • U.S. authorities including the FBI have linked the theft to a North Korea‑linked actor and counterparties have frozen over $2.3 billion in suspected stolen tokens while attackers attempt laundering through Tron and cross‑chain services.
  • The phased reopenings have eased some outflows and returned access for many tokens, but users should expect further network‑level security checks, liquidity limits and law‑enforcement actions to shape when additional assets are unlocked.