Binance Recovery Update #5: zero-knowledge proof for the 31 Oct proof-of-reserves snapshot completed; 10 tokens verifiable as fully backed, new snapshot planned for 4 Nov
Security Incident | Recovery Update #5: October 31st PoR Snapshot Now Fully Verifiable by Users Fellow Binancians, In Recovery Update #3, we confirmed that the affected assets were replenished using Binance's own funds and all BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are fully backed at 100%. We also took a new Proof of Reserve (PoR) snapshot at 2026-10-31 00:00 (UTC) to provide an updated view of assets for transparency. The full zero-knowledge proof for this latest PoR snapshot has been completed within our estimated timeframe. Binance users holding any of these ten tokens can independently verify that their balances on Binance are backed at a minimum of 1:1. ... We plan to take another snapshot with coverage for more tokens on 2026-11-04 ... As noted in Recovery Update #4, Binance has covered approximately 95% of the impacted amount. The outstanding 5% consists of tokens not included in the top ten listed above. These assets are less liquid, and take longer to source at the required scale. ... The next phase is planned for tomorrow — this will be a progressive rollout ...
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