The Block|Nov 02, 2026 14:28
THE BLOCK: Binance said it has completed the zero-knowledge proof for its Oct. 31 Proof of Reserves snapshot, allowing users holding BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC to independently verify that their balances are backed at least 1:1.
The exchange said it has covered approximately 95% of the assets impacted by last week's hack using its own funds, with the remaining 5% consisting of less-liquid tokens it is still working to acquire.
Binance plans another reserves snapshot on Nov. 4 and said it expects to begin progressively restoring withdrawals for additional networks and assets on Nov. 3.
Share To
HotFlash
APP
X
Telegram
CopyLink