Binance Security Recovery Keeps BNB Price in Focus
Published on 11/05/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBNB Recovery Remains Key Focus
- Binance says 98% of affected token assets had been replenished as of October 31.
- BNB was displayed at 716.30 USD on Investing.com, with a market capitalization of 93.81 billion USD.
- Withdrawals on the BNB Smart Chain were restored during Binance's phased recovery process.
The BNB price remains in focus as Binance continues its recovery from the security incident disclosed on October 29. Investing.com displayed BNB at 716.30 USD when the page was reviewed on November 5, with a displayed timestamp of 09:37:01. The page showed a 24-hour volume of 1.54 billion USD, a market capitalization of 93.81 billion USD and a rank of four among listed crypto assets. These figures describe the displayed market snapshot rather than a verified UTC day-close comparison.
BNB was trading within a displayed daily range of 712.10 to 722.00 USD. Its 52-week range was 537.61 to 1,018.40 USD. Investing.com also showed 131.51 million BNB in circulation. The token's current level therefore remains below the displayed 52-week high, while the recent security incident continues to provide the main near-term context for investors.
Binance reports replenished assets
In its initial findings and response update, Binance said that approximately 6.34 billion USD in digital assets had been affected. The company said 2.85 billion USD in assets had been frozen or intercepted, subject to reconciliation and market-price volatility, and that 98% of the affected token assets had been replenished as of October 31.
Binance attributed the incident to unauthorized access to an internal wallet signing service. The company said the attacker used on-chain authorization mechanisms to move assets outside the normal withdrawal process. Binance also said it would absorb the financial impact rather than pass losses to users. Its investigation remains ongoing, and the company said it is arranging an independent cybersecurity review.
Withdrawals return in phases
CNBC reported that Binance resumed withdrawals after the incident and later restored withdrawals on the Ethereum network and BNB Smart Chain. The report also noted that Binance had initially said about 90% of the affected assets were covered. Binance subsequently reported higher replenishment figures in its later updates, illustrating that the coverage percentage changed as the recovery progressed.
In a later recovery progress update, Binance said BNB was among ten assets backed at 100% in its October 31 proof-of-reserves snapshot. It also said approximately 95% of affected assets had been replenished at that stage, with the remaining assets mainly consisting of less liquid tokens.
What BNB holders should watch
The BNB price is now exposed to two competing considerations: the restoration of normal exchange operations and the continuing consequences of the security breach. For investors, relevant indicators include the completion of withdrawal restoration, independent verification of reserve backing and further findings from the cybersecurity review. The displayed quote, market capitalization and ranges should be treated as time-specific data rather than a forecast.
More background and subsequent updates are available on the BNB topic page.
