Binance Completes Reserve Proof for 10 Tokens After $6.3B Hack

Binance completes reserve proof for 10 tokens after $6.3B hack

Binance has completed its latest zero-knowledge Proof of Reserves verification for ten major cryptocurrencies following the $6.3 billion hack on October 29, allowing users to independently check that their holdings are fully backed. In a November 2 recovery update, the…

Binance Says It Completed Its Latest Proof-of-Reserves Verification

CEO Richard Teng thanked users for their patience during the recovery process. All 15 networks in Binance’s first withdrawal batch were online by 7:30 a.m. ET on Nov. 1.

Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues

The November 2 update says the full proof is complete, while replenishment remains about 95% and broader token coverage is planned. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Binance completes proof of reserves after $6.3B hack as withdrawals resume

Binance has provided new statistics that back its commitment to protecting customers after a hack that cost $6.3 billion. The company conducted a cryptographic verification of its reserves snapshot as of October 31 on Monday. It verified that at least ten major tokens are backed one-to-one. Its 335 million users can verify it for themselves,...

Binance Completes New Proof of Reserves as Hack Recovery Reaches 95%

Binance has completed a fresh Proof of Reserves verification as the exchange continues recovering from a record-breaking security breach. The latest snapshot allows eligible users to independently confirm that Binance backs their holdings at least 1:1.  The exchange also confirmed that it replenished approximately 95% of the stolen assets using its own funds. However, it […] Read The Full Article Binance Completes New Proof of Reserves as Hack R…

Binance Confirms Completion of Latest Proof of Reserves

Binance confirms completion of its latest Proof of Reserves verification, boosting user confidence. Here's why continued transparency matters.