THE BLOCK · 2026-11-02 16:53 UTC

Binance completes latest proof of reserves as it works to restore assets, withdrawals after record hack

Binance completed proof of reserves for 10 listed assets and plans another snapshot on Wednesday. The exchange suffered a record $6 billion crypto exploit affecting internal systems and wallet-signing mechanisms. Binance expects to begin progressively restoring withdrawals for additional networks and assets on Tuesday.

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