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Binance said it has generated a zero-knowledge proof allowing users to independently verify that their assets on the exchange are backed at a minimum of 1:1. The announcement, made via the exchange's official X account, marks a step beyond the Merkle-tree liability snapshots Binance and rivals have published since the FTX collapse, because the new proof lets users check solvency without relying on the exchange's own disclosures. Binance did not disclose in the post which assets or how many are covered, nor the timing of the next attestation. The move matters as regulators and users push exchanges toward cryptographic, third-party-checkable reserves rather than self-reported balance sheets. Watch for Binance to publish verification tooling and a full asset list, and for competing exchanges to respond with comparable zk-based attestations.

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