Blockchain

Binance Expands Proof of Reserves to 44 Tokens After Hack

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 04/11/2026, 15:42:25 UTC.

Briefings

Binance announced a partial restoration of 98% of affected assets following a hack, though the new cryptographic proof of reserves remains incomplete and withdrawals are not yet fully reopened. This update occurred on November 4, 2026, and represents a significant but partial recovery effort for the platform.

Key points

• Binance claims to have replenished approximately 98% of affected assets after a security incident.
• The new cryptographic proof of reserves is unfinished, meaning withdrawals remain restricted.

Context

This update follows a major security breach that impacted user funds, with Binance attempting to restore trust through a partial asset recovery and a new cryptographic verification process.

Limitations

Withdrawals are not fully reopened, and the cryptographic proof remains unfinished, limiting the extent of user access to funds.

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