🚨 BREAKING: Binance Publishes Reserve Proof for $BTC , $ETH and 8 More Tokens — A Day Early
🧾 Binance finished its zero-knowledge proof of reserves for the Oct 31 snapshot, ahead of the Nov 3 target. Holders of 10 tokens, including $BTC and $ETH , can now check their balances are backed at least 1:1.
🔐 Users run an open-source verifier locally, and the proof shows reserves cover customer balances without exposing any account.
🔓 Another withdrawal phase starts Nov 3 at 04:00 UTC, and Binance says 95% of the hacked assets are replaced, with the rest mostly low-liquidity tokens.
📉 The catch: DefiLlama shows Binance's tracked assets fell from $144.9B to $129.2B since the hack, and this proof covers only 10 tokens, with a wider snapshot due Nov 4.
⚠️ Developing story. DYOR. Not financial advice.
#Bitcoin #BTC #Binance #CryptoNews
🧾 Binance finished its zero-knowledge proof of reserves for the Oct 31 snapshot, ahead of the Nov 3 target. Holders of 10 tokens, including $BTC and $ETH , can now check their balances are backed at least 1:1.
🔐 Users run an open-source verifier locally, and the proof shows reserves cover customer balances without exposing any account.
🔓 Another withdrawal phase starts Nov 3 at 04:00 UTC, and Binance says 95% of the hacked assets are replaced, with the rest mostly low-liquidity tokens.
📉 The catch: DefiLlama shows Binance's tracked assets fell from $144.9B to $129.2B since the hack, and this proof covers only 10 tokens, with a wider snapshot due Nov 4.
⚠️ Developing story. DYOR. Not financial advice.
#Bitcoin #BTC #Binance #CryptoNews
