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Crypto & Bitcoin

Binance Completes New Proof of Reserves as Hack Recovery Reaches 95%

Reported by Izabela Anna, Coin Edition

Image: Coin Edition

Binance has completed a fresh Proof of Reserves verification as the exchange continues recovering from a record-breaking security breach. The latest snapshot allows eligible users to independently confirm that Binance backs their holdings at least 1:1. The exchange also confirmed that it replenished approximately 95% of the stolen assets using its own funds. However, it … Read The Full Article Binance Completes New Proof of Reserves as Hack Recovery Reaches 95% On Coin Edition .

This is an excerpt. The reporting belongs to Coin Edition.

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