đš Binance Incident Recovery Update: 90% Assets Replenished!
Binance has announced significant progress in its incident recovery process, with the replenishment of affected assets increasing from 80% to 90%.
â BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are reported to be 100% backed.
đ The remaining 10% consists of less-liquid tokens, which Binance is working to replenish through market and OTC channels.
đ A fresh Proof of Reserves snapshot has been taken, with verification expected around November 3, 2026.
đ° Binance says it will cover all direct losses associated with the incident.
âł Withdrawals are expected to resume on November 1, 2026, pending official confirmation.
Transparency, asset backing, and user protection remain critical for the crypto industry. The next key milestone is the confirmed resumption of withdrawals.
Stay alert, follow official Binance updates, and never share your passwords, OTPs, or seed phrase.
#Binance #BinanceSquareTalks #CryptoSecurityResponse #ProofOfReserves #safu
Binance has announced significant progress in its incident recovery process, with the replenishment of affected assets increasing from 80% to 90%.
â BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are reported to be 100% backed.
đ The remaining 10% consists of less-liquid tokens, which Binance is working to replenish through market and OTC channels.
đ A fresh Proof of Reserves snapshot has been taken, with verification expected around November 3, 2026.
đ° Binance says it will cover all direct losses associated with the incident.
âł Withdrawals are expected to resume on November 1, 2026, pending official confirmation.
Transparency, asset backing, and user protection remain critical for the crypto industry. The next key milestone is the confirmed resumption of withdrawals.
Stay alert, follow official Binance updates, and never share your passwords, OTPs, or seed phrase.
#Binance #BinanceSquareTalks #CryptoSecurityResponse #ProofOfReserves #safu
