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$6.34 Billion Buffer: Binance Promises a Full Proof of Reserves by Monday

Picture: CryptoTicker

Binance intends to publish a full proof of reserves by Monday. Co-CEO Richard Teng said so on October 30, 2026, two days after the largest theft the crypto market has seen so far. A first snapshot of the reserves is due before the full report. In parallel, the exchange says it has set aside more than $6.34 billion of corporate funds to cover the damage. For you as a customer, this attestation is the first point at which a pledge can be recalculated instead of simply believed.

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