Binance completes proof of reserves for 10 major cryptocurrencies after $6.3 billion hack
Binance has completed a comprehensive zero-knowledge proof-of-reserves verification for ten leading cryptocurrencies in response to the $6.3 billion security breach that recently impacted the exchange. This process enables customers to independently confirm that their holdings in Bitcoin, Ethereum, USDT, BNB, Solana, USDC, XRP, USD1, RLUSD, and Zcash are fully backed by Binance’s reserves.