PANews
PANews|Nov 02, 2026 12:49
[Binance: Reserve Snapshot Zero-Knowledge Proof Generated on October 31, Asset Backfill Progress Reaches 95%] According to a Binance announcement, the zero-knowledge proof (ZK Proof) for its Reserve Proof (PoR) snapshot at 00:00 (UTC) on October 31, 2026 has been generated. Users holding BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC can verify through Binance's PoR verification tool whether their balances have at least 1:1 reserve support. Binance stated that approximately 95% of the assets affected by this security incident have been backfilled. The remaining approximately 5% consists of relatively less liquid tokens outside the top ten tokens, requiring more time to acquire. Binance plans to conduct a new round of snapshots covering more tokens on November 4th, with the complete zero-knowledge proof expected to take approximately 40 to 50 hours to generate. Simultaneously, Binance plans to gradually restore withdrawals of more networks and assets starting tomorrow.
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