BNB price in focus as Binance restores withdrawals after security incident
Published on 11/06/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecovery remains the market focus
- Binance is restoring withdrawals in phases after a security incident involving approximately 6.3 billion US dollars in stolen tokenized assets.
- BNB was displayed at 695.00 US dollars on the Investing.com page when read on November 6, 2026.
- Binance says it will cover the stolen funds and continue reopening withdrawal services after security checks.
BNB price remains closely tied to Binance's recovery process after the exchange suffered a major security incident. The token was displayed at 695.00 US dollars on the Investing.com BNB price page when it was read on November 6, 2026. The page also showed a 24-hour volume of 1.76 billion US dollars, a market capitalization of 91.24 billion US dollars and a rank of fourth.
Withdrawal recovery continues
Binance has been reopening withdrawal services in stages. In its latest official update, the exchange said additional assets on the Ethereum and Solana networks had been restored and that further network and asset combinations would return progressively after security checks. Binance also warned that not all services would become available at the same time.
The process follows the first withdrawal resumption phase on November 1. Reuters, in a report published by The Express Tribune, reported that withdrawals had resumed for all 15 networks and assets in that initial phase by 12:36 UTC. The report said customers had withdrawn 3.64 billion US dollars, equivalent to 2.1 percent of Binance's assets, before outflows began to stabilize.
Scale of the security incident
Binance's own institutional update said its hot wallets were compromised at approximately 20:05 UTC on October 29, resulting in a loss of about 6.3 billion US dollars in tokenized assets. The exchange said it would absorb the financial impact through its Secure Asset Fund for Users and corporate funds. It also said deposits and other unaffected services remained operational while withdrawals were temporarily suspended for additional checks.
What BNB holders should watch
For BNB holders, the key near-term issue is operational normalization rather than a standalone token catalyst. Binance has said it is prioritizing the reopening of assets according to user demand and security readiness, so the announcement of a restored network should not be treated as proof that every withdrawal route is already fully available. Liquidity, service reliability and further official recovery updates remain important indicators for market confidence.
More reporting and updates are collected on the BNB topic page.
