🚨 BINANCE CLAIMS 98% OF AFFECTED ASSETS HAVE BEEN RECOVERED!
Binance published Recovery Update #7 on November 4, 2026.
In the update, Binance said:
- Around 98% of the affected assets have been recovered.
- The remaining 2% consists of tokens with low liquidity, so acquiring them is taking longer.
- Binance has set aside internal funds worth more than 100% of the amount needed to cover the losses.
- The latest Proof of Reserves snapshot now covers 44 tokens, up from 10 previously.
Binance also said that generating the Zero-Knowledge Proof for the latest snapshot is expected to take 50–60 hours.
What should you keep in mind?
The 98% recovery figure is Binance’s official claim. Users should still check the reserve evidence, progress on recovering the remaining assets, and the results of independent security reviews.
Recovering funds is an important step. But restoring trust requires transparency and consistency over the long term.
💬 Do you think expanding Proof of Reserves to 44 tokens is enough to increase user confidence?
#Binance #BinanceIncidentReport #ProofOfReserves #CryptoSecurity #CryptoNews
Binance published Recovery Update #7 on November 4, 2026.
In the update, Binance said:
- Around 98% of the affected assets have been recovered.
- The remaining 2% consists of tokens with low liquidity, so acquiring them is taking longer.
- Binance has set aside internal funds worth more than 100% of the amount needed to cover the losses.
- The latest Proof of Reserves snapshot now covers 44 tokens, up from 10 previously.
Binance also said that generating the Zero-Knowledge Proof for the latest snapshot is expected to take 50–60 hours.
What should you keep in mind?
The 98% recovery figure is Binance’s official claim. Users should still check the reserve evidence, progress on recovering the remaining assets, and the results of independent security reviews.
Recovering funds is an important step. But restoring trust requires transparency and consistency over the long term.
💬 Do you think expanding Proof of Reserves to 44 tokens is enough to increase user confidence?
#Binance #BinanceIncidentReport #ProofOfReserves #CryptoSecurity #CryptoNews