Binance’s recovery update shows progress—but the final checks still matter.
• 90% of affected assets reportedly replenished, up from 80%
• BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC reported 100% backed
• The remaining 10% consists of less-liquid tokens still being sourced
• Withdrawals were expected to resume today; Binance said it would confirm the exact details
• A new Proof of Reserves snapshot was taken, with the full zero-knowledge proof estimated for November 3
The lesson for the wider crypto ecosystem: recovery is important, but transparency and independent verification matter just as much.
This is a Binance recovery update—not a confirmed TRON network hack.
#TRX #TRON #CryptoSecurity #ProofOfReserves
• 90% of affected assets reportedly replenished, up from 80%
• BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC reported 100% backed
• The remaining 10% consists of less-liquid tokens still being sourced
• Withdrawals were expected to resume today; Binance said it would confirm the exact details
• A new Proof of Reserves snapshot was taken, with the full zero-knowledge proof estimated for November 3
The lesson for the wider crypto ecosystem: recovery is important, but transparency and independent verification matter just as much.
This is a Binance recovery update—not a confirmed TRON network hack.
#TRX #TRON #CryptoSecurity #ProofOfReserves
