Skip to content
Sign in
NewReported 2026-11-03 00:52

Binance Completes Proof of Reserves After Record Hack

Binance has completed a proof of reserves for 1:1 backing of assets including BTC, ETH, BNB, SOL, and XRP, following a record hack that led to the loss of 5% of its assets.

Why it matters. Binance users can now independently verify the company's financial health, restoring trust and allowing for the restoration of assets and withdrawals.

01

Who and what it touches

Changpeng ZhaoownsCircleinvests inlaw enforcementpartners withcryptocurrency exchan…operates inSAFUusesBinance Agent OSproducesBinance customersservesBinance Ethereum hot …part ofBinance

Each line is a relation with evidence behind it, drawn in the direction it points. A line shows that two things are connected, not how far this change reaches.

02

Evidence

  • TThe BlockMedia2026-11-03 00:52
    View source