Richard Teng

Our next priority is to reopen withdrawals for HYPE, INJ, APT, PLASMA, NEAR, and LTC by the end of next week, alongside all tokens on networks already restored. Thank you for your continued patience. Binance @binance Nov 6 Update: We’re working to reopen withdrawals for HYPE, INJ, APT, PLASMA, NEAR, LTC by end of next week. We also aim to reopen withdrawals for all tokens on networks that are already restored (including BSC, ETH, MATIC, ARB, POL, OP, etc.) by then. Thank you for your patience.

Our latest PoR ZKProof is ready, allowing you to independently verify that your Binance balances are backed at least 1:1. Because what matters most is being able to verify it yourself. Binance @binance Nov 4 Article Security Incident | Recovery Update #7: 98% of Stolen Assets Covered; New & Expanded PoR Snapshot Fellow Binancians, As committed, Binance will cover the cost of these stolen funds from the recent security incident, not our users. We have already set aside more than 100% of the funds needed to

Our latest Proof of Reserves snapshot now covers 44 tokens, up from 10, expanding the range of assets users can independently verify are backed at least 1:1. Generating the full zero-knowledge proof takes 50–60 hours of computation. That’s a long wait, but it serves an important Binance @binance Nov 4 Article Security Incident | Recovery Update #7: 98% of Stolen Assets Covered; New & Expanded PoR Snapshot Fellow Binancians, As committed, Binance will cover the cost of these stolen funds from the recent security incident, not our users. We have already set aside more than 100% of the funds needed to

“The difference is verification, not just promises.” That’s what I told @CNBC today, speaking on the security incident and the steps we’ve taken since 29 October to ensure our users are protected. We’re now 98% replenished. We’ve completed the latest Proof of Reserves

After some audio issues, I'm joining CNBC again shortly. Richard Teng @_RichardTeng Nov 3 In 10 minutes I'm live on @SquawkStreet as we publish the full report on the 29 October incident. We're being transparent about this because the lessons go far wider than one company - tune in.