Binance’s zero-knowledge proof of reserves is out. The number that matters most is one: Bitcoin reserve ratio of 100.04%.
That means Binance holds as much Bitcoin as users have deposited, plus an extra 0.04%. BNB is at 101.3%, and the other eight coins are also all above 100%. Anyone can verify it themselves using open-source tools.
This tells us two things: the hole left by the theft has really been filled; but it’s been filled just barely—there’s almost no Bitcoin to spare.
However, this is only a snapshot from midnight on October 31. The next round is on November 4, with more coins to be added. We’ll have to check again then to know for sure.
BNB wasn’t cooperating, though. In the evening, it broke below 700, with advice to stay away; but it still fell overnight, bottoming at 693.7 and now sitting at 696 USDT. The senior trader’s call is to stay away until it gets back above 700. #币安10月31日储备金证明快照零知识证明已完成 $BNB
That means Binance holds as much Bitcoin as users have deposited, plus an extra 0.04%. BNB is at 101.3%, and the other eight coins are also all above 100%. Anyone can verify it themselves using open-source tools.
This tells us two things: the hole left by the theft has really been filled; but it’s been filled just barely—there’s almost no Bitcoin to spare.
However, this is only a snapshot from midnight on October 31. The next round is on November 4, with more coins to be added. We’ll have to check again then to know for sure.
BNB wasn’t cooperating, though. In the evening, it broke below 700, with advice to stay away; but it still fell overnight, bottoming at 693.7 and now sitting at 696 USDT. The senior trader’s call is to stay away until it gets back above 700. #币安10月31日储备金证明快照零知识证明已完成 $BNB
