๐จ BINANCE RECOVERY UPDATE: 98% OF STOLEN FUNDS REPLENISHED! ๐
Binance has announced major progress following the recent security incident.
๐ KEY UPDATES:
โ 98% Replenished: Binance has recovered approximately 98% of the impacted amount.
๐ฐ Remaining 2%: The exchange continues purchasing the remaining token assets through market and OTC channels. These purchases may take longer due to lower liquidity.
๐ Proof of Reserves Expanded: Binance's latest PoR snapshot, dated November 4, 2026, now covers 44 tokens, up from just 10 previously.
๐ก๏ธ 1:1 Asset Backing: Once the zero-knowledge proof is generated, users will be able to independently verify their covered balances.
โณ Next Step: Generating the full proof is expected to take approximately 50โ60 hours.
Binance says it will continue replenishing assets, reopening withdrawals in phases, and strengthening security measures.
๐ฅ 98% completed! Only 2% remains.
๐ฌ **What do you think? Has Binance restored enough confidence among its users?
#Binance #BinanceRecovery #ProofOfReserves #CryptoSecurity #CryptoNews
DYOR. Not financial advice. Always manage your risk.
Binance has announced major progress following the recent security incident.
๐ KEY UPDATES:
โ 98% Replenished: Binance has recovered approximately 98% of the impacted amount.
๐ฐ Remaining 2%: The exchange continues purchasing the remaining token assets through market and OTC channels. These purchases may take longer due to lower liquidity.
๐ Proof of Reserves Expanded: Binance's latest PoR snapshot, dated November 4, 2026, now covers 44 tokens, up from just 10 previously.
๐ก๏ธ 1:1 Asset Backing: Once the zero-knowledge proof is generated, users will be able to independently verify their covered balances.
โณ Next Step: Generating the full proof is expected to take approximately 50โ60 hours.
Binance says it will continue replenishing assets, reopening withdrawals in phases, and strengthening security measures.
๐ฅ 98% completed! Only 2% remains.
๐ฌ **What do you think? Has Binance restored enough confidence among its users?
#Binance #BinanceRecovery #ProofOfReserves #CryptoSecurity #CryptoNews
DYOR. Not financial advice. Always manage your risk.