
The exchange announced that it stopped crypto asset withdrawals for user security reasons, but other transactions continued.
AI-generated summary
Binance TR announced that it has temporarily suspended cryptocurrency withdrawals to ensure system security.
In the official announcement made by the stock exchange, it is emphasized that user security is the highest priority. As part of the security measure taken, crypto asset withdrawals only to external wallets or networks are temporarily suspended. On the other hand, users' freedom of movement within the platform is largely protected.
What Procedures Can Be Done?
Turkish Lira (TL) Deposit and Withdrawal: Bank transfers and cash flow channels are fully active.
Buying – Selling (Spot Transactions): Trading continues in all crypto-TL or crypto-crypto parities, including market and limit orders.
Cryptocurrency Deposit: Users can continue to transfer crypto assets to their accounts from external networks.
Cryptocurrency Withdrawal: This channel is only temporarily closed until security reviews are completed.
How Will the Process Progress and What Should Users Do?
Technical teams work non-stop to fully comply with security protocols and complete risk analyzes of the system. While the company states that the system will be reopened safely as soon as possible after the investigations, it also warns users against manipulative news that emerges at such extraordinary moments in the crypto markets.
In particular, false claims, phishing attempts and unofficial announcements that may spread on social media should not be relied upon. Developments will continue to be shared only through communication channels with Binance TR's official verification badge.
AI outlook — possibilities, not facts
Reopening of crypto withdrawal transactions after security inspections.
Very likely · Within days
While Binance announced the cost of the security breach on October 29 as 6.3 billion dollars, TRM Labs calculated the damage as 6.36 billion dollars. Approximately 3 billion dollars were frozen, and the company stated that it would cover the losses.

Cold wallet is the most secure storage method that minimizes the risk of hacking by keeping cryptocurrency private keys isolated from the internet.
Following the cyber attack on Binance, Binance TR made a written statement. While it was stated in the statement that user assets were safe, it was reported that only crypto asset withdrawals were temporarily stopped as a precaution.
Binance TR announced that user assets are safe and that only crypto asset withdrawals have been temporarily suspended as a precaution.

Binance announced that digital assets worth $ 6.3 billion were cyber-attacked. Bitcoin and other cryptocurrencies lost value after the event, which could be the biggest in history; analysis companies attributed the attack to the North Korean group.

Binance suspended withdrawals following allegations of security breaches. While founder Changpeng Zhao confirmed the possibility of the attack, experts suggest billions of dollars could be lost.