🛡️ 1. Latest Proof of Reserves (PoR) Status
To restore market transparency immediately following the breach, Binance conducted an emergency Proof of Reserves snapshot on October 31, 2026 (00:00 UTC) utilizing Zero-Knowledge (ZK-SNARKs) cryptography.
Reserve Ratios: Major assets—including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—are verified at 100% full backing (1:1 ratio) relative to user balances.
Verification Access: Users can verify their individual account inclusion directly within the Binance platform via the October 31 ZK-Proof snapshot page.
Ongoing Market Purchasing: To cover remaining altcoin deficits, Binance is executing ongoing OTC and spot market buybacks until every single listed token reaches 100% reserve coverage.
💳 2. SAFU Fund & Treasury Replenishment Status
Binance committed over $6.34 Billion from internal resources to absorb the total financial impact without deducting any funds from user accounts:
┌────────────────────────────────────────── LOSS COVERAGE SOURCES BREAKDOWN │
├──────────────────────────────────────────
│ 1. Corporate Treasury Reserves │ Primary funding source for buybacks
│ 2. Futures Insurance Fund │ Partial non-regulatory allocation │
│ 3. SAFU Emergency Reserve │ Deployed to cover final asset gap
AFU Deployment & Current Balance: Binance deployed a portion of its Secure Asset Fund for Users (SAFU) to complete the purchase of outstanding tokens. Following the drawdown, the SAFU balance temporarily dipped to ~$580 Million.
Replenishment Commitment: Binance announced a firm commitment to replenish the SAFU emergency fund back up to its target baseline of $1.0 Billion using ongoing platform fees and corporate revenues.
#BinanceExplorers #BinanceSquareFamily
To restore market transparency immediately following the breach, Binance conducted an emergency Proof of Reserves snapshot on October 31, 2026 (00:00 UTC) utilizing Zero-Knowledge (ZK-SNARKs) cryptography.
Reserve Ratios: Major assets—including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—are verified at 100% full backing (1:1 ratio) relative to user balances.
Verification Access: Users can verify their individual account inclusion directly within the Binance platform via the October 31 ZK-Proof snapshot page.
Ongoing Market Purchasing: To cover remaining altcoin deficits, Binance is executing ongoing OTC and spot market buybacks until every single listed token reaches 100% reserve coverage.
💳 2. SAFU Fund & Treasury Replenishment Status
Binance committed over $6.34 Billion from internal resources to absorb the total financial impact without deducting any funds from user accounts:
┌────────────────────────────────────────── LOSS COVERAGE SOURCES BREAKDOWN │
├──────────────────────────────────────────
│ 1. Corporate Treasury Reserves │ Primary funding source for buybacks
│ 2. Futures Insurance Fund │ Partial non-regulatory allocation │
│ 3. SAFU Emergency Reserve │ Deployed to cover final asset gap
AFU Deployment & Current Balance: Binance deployed a portion of its Secure Asset Fund for Users (SAFU) to complete the purchase of outstanding tokens. Following the drawdown, the SAFU balance temporarily dipped to ~$580 Million.
Replenishment Commitment: Binance announced a firm commitment to replenish the SAFU emergency fund back up to its target baseline of $1.0 Billion using ongoing platform fees and corporate revenues.
#BinanceExplorers #BinanceSquareFamily