Binance Says Hack Assets Covered, Reserve Proof Pending

Binance said it has fully covered the assets lost in its recent hack, closing the remaining gap in customer backing, though the exchange's new proof-of-reserves snapshot and its cryptographic verification are still pending. The disclosure follows a breach that forced the exchange to reconcile user balances against reserves, and the promised attestation is meant to let users confirm on-chain that liabilities are matched. Binance has not yet published the updated snapshot, leaving the timing and completeness of the proof as the key items to watch. Users and counterparties will be looking for the reserve ratio and wallet addresses in the forthcoming attestation to judge whether the shortfall is genuinely resolved.