Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

ExchangesTokenPostKorean, translatedFiled 2 days ago

Binance announces completion of asset replenishment affected by the incident… releases PoR snapshot of 198 types

Original headline바이낸스, 사고 영향 자산 보충 완료 발표…PoR 스냅샷 198종 공개

Open the sourceReported by TokenPost, tokenpost.kr, 12 November 2026, by 강이안

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

Binance said it has fully replenished the assets affected by a security incident and published a new proof-of-reserves snapshot covering 198 tokens as of 9 a.m. KST on the 12th. The exchange expects full zero-knowledge proofs to take roughly 40–50 hours to generate due to computational load, after which holders can verify their balances are backed at least 1:1. Binance said it deployed more than $6.34 billion to cover losses, drawn from part of its Secure Asset Fund for Users (SAFU), part of its futures insurance fund, and company funds. The disclosure matters because it gives users a direct way to confirm reserves after the incident, and the completed proofs will be the next checkpoint to watch.

Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.

Named in this story

Binance, Proof of Reserves, SAFU