Binance Security Incident Recovery Update: New Reserve Snapshot Planned for November 4
According to an official announcement, Binance has released an update on its security incident recovery. The zero-knowledge proof for the October 31 reserve proof snapshot has been generated, and users can now complete independent verification. It has been confirmed that the affected assets have been fully replenished through Binance's own funds. Currently, BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC all have 100% full reserve backing. Meanwhile, we completed a new round of reserve proof snapshot at 08:00 on October 31, 2026 (UTC+8) to show users the latest asset reserve status and further enhance transparency. Binance plans to generate a new reserve snapshot on November 04, 2026, and expand token coverage, after which an updated complete zero-knowledge proof will be generated. Due to the large computational workload, it is expected to take approximately 40 to 50 hours to complete.