Security Incident | Recovery Update #7: 98% of Stolen Assets Replenished and New PoR Snapshot With Expanded Coverage (2026-11-04)
Binance published an update titled: Security Incident | Recovery Update #7: 98% of Stolen Assets Replenished and New PoR Snapshot With Expanded Coverage (2026-11-04)
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From this source: Security Incident | Recovery Update #7: 98% of Stolen Assets Replenished and New PoR Snapshot With Expanded Coverage (2026-11-04), with all of its statements.
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Binance said generating the full zero-knowledge proof is expected to take approximately 50 to 60 hours due to the computational workload, and that once the proof is generated, users holding any of the covered tokens will be able to independently verify that their balances are at least 1:1 backed.
Generating the full zero-knowledge proof is expected to take approximately 50 to 60 hours due to the computational workload. Once the proof is generated, users holding any of the covered tokens will be able to independently verify that their balances are at least 1:1 backed.
Binance reported that it has replenished approximately 98% of the impacted amount and is buying the remaining 2% through market and OTC channels.
We have now replenished approximately 98% of the impacted amount, and we continue to buy the remaining token assets through market and OTC channels. Purchases for the remaining 2% are expected to be slower because these tokens are less liquid.
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Binance said it has taken a new Proof of Reserve (PoR) snapshot at 2026-11-04 00:00 (UTC) that now covers 44 tokens, up from 10 in the previous snapshot, and is available on its PoR website.
We have also taken a new Proof of Reserve (PoR) snapshot at 2026-11-04 00:00 (UTC). It now covers 44 tokens, up from 10 in the previous snapshot, and is available on our PoR website.