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#Binance Proof of Reserves

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Binance Releases Latest Update on Major Hack and Makes Anticipated Announcement
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Binance Releases Latest Update on Major Hack and Makes Anticipated Announcement

Key Highlights Binance is replenishing its emergency reserve, SAFU, to approximately $1 billion. The exchange says it has covered approximately 98% of the assets affected by the attack. A new zero-knowledge Proof of Reserves record is being prepared, while withdrawals will reopen in stages. Binance Replenishes SAFU Reserve After Attack Binance has committed to replenishing ...