Binance Says It Has Covered All User Assets Lost in $6.3B Hack, Adds ZK Proof of Reserves Check
Binance said it has fully covered all user assets affected by a $6.3 billion hack. The exchange released a new Proof of Reserves snapshot and a zero knowledge proof that lets users verify 1 to 1 backing. The update gives account holders a way to check reserves without relying solely on Binance statements.
