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HacksTelegramFiled 1 h ago

[Wu Blockchain News] Binance Fully Replenishes Assets Following $6.3B Hack, Publishes New PoR Snapshot

Open the sourceReported by Telegram, t.me, 12 November 2026, by wublockchainenglish

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Binance said it has fully replenished the assets affected by a $6.3 billion security incident and published a new Proof of Reserves snapshot, with zero-knowledge proofs to follow so users can independently verify 1:1 backing. The exchange disclosed the $6.3 billion figure as the scale of assets tied to the hack, and the new PoR is intended to show reserves remain at least 1:1 after the replenishment. The disclosure matters because proof-of-reserves attestations have become a key trust mechanism for centralized exchanges since the FTX collapse, and Binance is the largest venue by trading volume. What to watch next is the release of the zero-knowledge proof generation, which will let users verify their own balances against the snapshot rather than relying on the exchange's summary.

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

Named in this story

Binance, Proof of Reserves, zero-knowledge proof