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An independent record of the October 2026 Binance hack
This line is our short summary of the quote below. The quote is the evidence.
As noted in Recovery Update #4, Binance has covered approximately 95% of the impacted amount. The outstanding 5% consists of tokens not included in the top ten listed above. These assets are less liquid, and take longer to source at the required scale.
From this source: Security Incident | Recovery Update #5: October 31st PoR Snapshot Now Fully Verifiable by Users as ZK Proof Generated (2026-11-02), with all of its statements.
We plan to take another snapshot with coverage for more tokens on 2026-11-04. We will then generate an updated full zero-knowledge proof, which we estimate will take approximately 40 to 50 hours to complete due to the computational workload.
The full zero-knowledge proof for this latest PoR snapshot has been completed within our estimated timeframe. Binance users holding any of these ten tokens can independently verify that their balances on Binance are backed at a minimum of 1:1.
We are also working to resume withdrawals for additional networks and assets. The next phase is planned for tomorrow — this will be a progressive rollout and we will share the details once ready.