🚨 Binance announces recovery of 98% of assets affected by the security incident!
On November 4, 2026, Binance announced progress in addressing the security incident that occurred on October 29.
According to the official update, the platform managed to restore access to around 98% of the affected assets and expanded its Proof of Reserves report to cover 44 cryptocurrencies.
🔐 Binance confirmed that it will cover the losses resulting from the incident while continuing to work on restoring services and strengthening security measures.
📌 Transparency and security are essential to building trust in the world of cryptocurrencies.
What do you think? Does Proof of Reserves increase users’ trust in platforms?
#Binance #CryptoNews #ProofOfReserves #CryptoSecurity
On November 4, 2026, Binance announced progress in addressing the security incident that occurred on October 29.
According to the official update, the platform managed to restore access to around 98% of the affected assets and expanded its Proof of Reserves report to cover 44 cryptocurrencies.
🔐 Binance confirmed that it will cover the losses resulting from the incident while continuing to work on restoring services and strengthening security measures.
📌 Transparency and security are essential to building trust in the world of cryptocurrencies.
What do you think? Does Proof of Reserves increase users’ trust in platforms?
#Binance #CryptoNews #ProofOfReserves #CryptoSecurity
