Binance completes reserve proof for 10 tokens after $6.3B hack

Binance has completed its latest zero-knowledge Proof of Reserves verification for ten major cryptocurrencies following the $6.3 billion hack on October 29, allowing users to independently check that their holdings are fully backed. Binance has completed its zero knowledge Proof of Reserves verification for 10 major cryptocurrencies, allowing users to independently confirm that their balances are backed by reserves of at least 1:1. The exchange has replenished approximately 95% of the assets affected by the October 29 hack, while the remaining 5% consists of less liquid tokens that are taking longer to acquire.