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Crypto & Bitcoin

Binance Reopens Withdrawals for More Assets as Zero-Knowledge Proof Verifies October Reserves

Reported by Tom Nyarunda, Blockchain Reporter

Image: Blockchain Reporter

Binance reopened withdrawals for more than one hundred asset-and-network combinations at 04:00 UTC on Monday, November 3, the widest single step in a phased recovery that began after the exchange disclosed a security incident at the end of October. The same update cycle delivered a second, quieter milestone: a zero-knowledge proof for the October 31 reserve snapshot went live, so holders of ten major tokens can now verify on their own machines that their balances are backed at least one-to-one. The reopening is laid out in Binance’s sixth recovery update , published late on November 2.

This is an excerpt. The reporting belongs to Blockchain Reporter.

Read the full report on blockchainreporter.net
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