Dear Binance community members,
Binance has completed covering the assets affected by the security incident. In keeping with its unwavering commitment to transparency, Binance has also published a new Proof of Reserves (PoR) snapshot, containing updated information on assets fully backed by funds.
Following the incident, Binance allocated more than $6.34 billion in its own funds to cover losses and began purchasing the affected tokens through market and over-the-counter channels. This process was funded by partially using the Secure Asset Fund for Users (SAFU), the portion of the Binance Futures insurance fund exceeding the level required under Binance's risk management framework, as well as Binance's own corporate reserves.
Binance committed to replenishing SAFU to restore the fund to approximately US$1 billion and ensure it is fully funded as an emergency reserve to protect users.
Snapshot of asset custody information published
Binance has taken a new PoR snapshot as of 12.11.2026 00:00 (UTC). It covers 198 tokens and is now available on the PoR website. Once the complete zero-knowledge proof has been generated—in approximately 40–50 hours, depending on computational load—users holding the affected tokens will be able to independently verify that their assets are backed at a ratio of at least 1:1.
Gradual resumption of withdrawals
Binance is continuing to gradually resume withdrawals and will provide further updates as soon as they are confirmed.
Strengthening security and transparency
Security remains our top priority, and the company continues to actively invest in its security infrastructure while implementing additional improvements across the platform.
Decision regarding unsupported assets:
A very small number of tokens that Binance no longer supports were affected. They will be handled in accordance with our delisting procedure, and users who hold them will receive compensation.
Note: There may be discrepancies between this original English content and any translated versions. In the event of any discrepancies, please refer to the original English version for the most accurate information.
The Binance Wallet Team!
The Binance Team
13.11.2026
Please note: There may be discrepancies between this original English content and any translated versions (which may have been generated using AI). In the event of any discrepancies, please refer to the original English version for the most accurate information.
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