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Binance: Approximately 95% of Affected Assets from Security Incident Recovered

According to an announcement from Binance, the zero-knowledge proof (ZK Proof) for its proof of reserves (PoR) snapshot taken on October 31, 2026, at 00:00 (UTC) has been completed. Users holding BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC can verify their balances through the Binance PoR verification tool to confirm that they have at least 1:1 reserve support. Binance stated that approximately 95% of the assets affected by this security incident have been recovered, while about 5% consists of tokens with relatively low liquidity outside the top ten, which will require more time to fully acquire. Binance plans to conduct a new round of snapshots covering more tokens on November 4, with the complete zero-knowledge proof expected to take about 40 to 50 hours to generate. Additionally, it plans to gradually restore more network and asset withdrawals starting tomorrow. Binance reiterated that the losses from the stolen funds will be borne by Binance, not the users.

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