Binance Completes Zero-Knowledge Proof for Oct. 31 Reserve Snapshot
Photo: TokenPost
Binance has completed a zero-knowledge proof for its Oct. 31 reserve snapshot, allowing users to verify that balances in 10 named tokens are backed at least 1:1. The exchange said Monday it has replenished about 95% of the assets affected by the security incident. The remaining 5% involves tokens outside the 10 named assets that Binance described as less liquid and slower to acquire in the required quantities. The snapshot was taken at 8 p.m. ET Friday, Oct. 30 (00:00 UTC Oct. 31).
Source: TokenPost
