#RichardTeng

“The difference lies in verification, not just promises.”

That’s what I told @CNBCToday as I spoke about the security incident and the steps we’ve taken since October 29 to ensure our users are protected.

We have now replenished 98%. We’ve completed our latest proof-of-reserves verification, giving users another way to independently verify that their assets are backed. That’s why we have proof of reserves: accountability.

While Binance is at the center of this story, this is an issue affecting the entire industry. We must continue working together to protect customers and strengthen our industry.#Binance #BTC #Write2Earn