A post by @binance on X.
ZKProof for the latest PoR is ready, users can verify their balances on Binance are backed at a minimum of 1:1.
@binance on X
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Binance has published a new zero-knowledge proof for its latest proof-of-reserves, letting users verify that their balances are backed at a minimum of 1:1. The exchange announced the update via its official X account, extending a transparency practice it has repeated periodically since the collapse of FTX pushed reserve attestations into the industry spotlight. The ZKProof approach is designed to confirm solvency without exposing individual user balances or the exchange's full wallet holdings. The disclosure covers only Binance's own reserves and does not address liabilities across the broader market. What to watch next is whether other major centralized exchanges follow with comparable cryptographic attestations and whether Binance publishes a full liabilities-side breakdown alongside the reserve proof.
Muhabbit's AI wrote this summary of @binance's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Binance, ZKProof