Binance temporarily suspended withdrawals until the relevant environment was confirmed safe, and user funds remained safe, according to a BlockBeats report quoting co-founder He Yi.
Pause pending a safety check
The report said He Yi thanked users for their understanding and described the withdrawal pause as a safety measure. It did not specify which assets or networks were affected or when withdrawals would resume.
Freeze assistance attributed to the report
BlockBeats also said World Liberty Financial helped freeze $27 million of USD1 and 48 million WLFI valued at about $2 million. The original He Yi post and a Binance announcement were not independently retrieved, so these details remain attributed rather than independently confirmed.
Source: BlockBeats report, published October 30, 2026 (China time).