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HacksThe DefiantFiled 10 h ago

Binance Expands Proof of Reserves to 44 Tokens After Hack

Open the sourceReported by The Defiant, thedefiant.io, 4 November 2026, by The Defiant Team
Impact 70 of 100, notable

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Binance expanded its proof-of-reserves system to cover 44 tokens following a hack that affected user assets, with the exchange reporting it has replenished roughly 98% of the impacted holdings. The new cryptographic attestation remains incomplete, and withdrawals have not been fully reopened. The move matters because reserves transparency is central to restoring user confidence after an exploit, and the 44-token scope marks a broader commitment than prior disclosures. Watch for completion of the proof framework and full restoration of withdrawal services as the key signals of operational normalization.

Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.

Named in this story

Binance, Proof of Reserves