Binance Targets Sunday Withdrawal Reopening as CEO Sets Monday Reserve Report Deadline
October 31, 2026
Binance CEO Richard Teng has set a target to resume asset withdrawals by Sunday while establishing a Monday deadline for an updated reserve report following temporary service pauses.
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Binance Overhauls Security Infrastructure Following $6.3 Billion Exploit Involving EIP-7702
October 31, 2026
Binance is completely rebuilding its withdrawal infrastructure after a $6.3 billion security breach. CEO Richard Teng revealed attackers used Ethereum standard EIP-7702 to bypass wallet controls and erased digital traces.
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