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Binance reserve snapshot shows 10 assets fully backed; full ZK proof due by Nov. 3

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A Binance proof-of-reserves snapshot taken at 00:00 UTC on Oct. 31 shows customer balances in BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC fully covered, the exchange said. A complete zero-knowledge proof is now expected by Tuesday, Nov. 3, a day later than the Nov. 2 date given earlier. Binance has also promised a detailed incident report once its investigation ends. Source: crypto.news

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Binance reopens bitcoin and 14 other networks for withdrawals, says 95⁠% of stolen assets replaced

Binance restarted withdrawals on Sunday in a first phase that began with the bitcoin network shortly after 06:00 UTC, followed by ether, BNB and some USDT and USDC routes, across 15 networks in total. The exchange said it has now bought back about 95% of the roughly $6.3 billion taken in last week's hack, up from 90% a day earlier, with the rest made up of less liquid tokens. No date has been set for the second phase, and deposits stayed open throughout. Source: Reuters via Business Standard

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