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At a glance
- What changed
- Binance says coverage of all assets impacted in the security incident is complete and a new Proof of Reserves snapshot is published.
- Who it affects
- Binance users whose assets were affected by the 29 October 2026 security incident.
- When
- Posted on X at 16:49 UTC on 12 November 2026 (17:49 in Amsterdam); the zero-knowledge proof is still to come.
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What Binance announced
Binance says it has finished covering the assets affected by the security incident that began on 29 October 2026. In a post on its official X account at 16:49 UTC on 12 November (17:49 in Amsterdam), the exchange said it "has completed coverage of assets impacted in the security incident".
The same post said Binance has published a new Proof of Reserves snapshot on its Proof of Reserves page, and thanked users and the community for their patience and understanding.
What is still to come
Binance did not give the snapshot's date, the number of tokens it covers or a time for the proof in this post. It said only that once the zero-knowledge proof is generated, users can independently verify that their assets are backed at a minimum of 1:1.
The update follows Binance's earlier recovery updates, in which it reported replenishing most of the stolen assets and reopened withdrawals in phases. The post does not say whether any withdrawals are still paused.
Our take
Completing coverage is Binance's own claim. The independent check is the zero-knowledge proof: when Binance says it is ready, users can verify their own balances on the Proof of Reserves page. Until then, treat the new snapshot as published but not yet verifiable. Binance's earlier warnings still apply: it does not contact users first, so ignore anyone offering help with "recovered" funds.
Dates to know
As announced by the provider. A listed date does not confirm current availability or eligibility.
- Binance says coverage of incident-affected assets is complete and publishes a new PoR snapshotDate passed
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