Binance Says Its October 31 Reserve Proof Is Complete and Users Can Verify It

Binance says the zero-knowledge proof for its October 31 reserve snapshot is complete and users holding ten tokens can verify balances themselves; another snapshot is planned for November 4. Binance said on November 2 that the full zero-knowledge proof for its October 31 proof-of-reserves snapshot is complete, and that customers holding ten tokens can now check for themselves that their balances are backed at least one-to-one. The exchange published the claim in “ Recovery Update #5 ” on X at about 12:49 UTC. The proof covers a snapshot taken at 00:00 UTC on October 31.