The full zero-knowledge proof for the proof-of-reserves snapshot completed by Binance at 08:00 on October 31, 2026 (UTC+8)covering BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC has been generated. Binance users holding any one of these ten tokens can now independently verify whether their Binance account balance is backed by reserves of at least 1:1.
We will generate more reserve snapshots on November 04, 2026. Computation is required from the snapshot to the updated full zero-knowledge proof, and the generation time depends on the number of tokens. It is currently estimated that generating the zero-knowledge proof will take about 40 to 50 hours after the snapshot is completed.💁🏻♀️
Withdrawals have now been re-enabled for the following networks and assets:
New:
✅ ZEC: ZEC
✅ TON: USDT, GRAM
✅ SUI: SUI
Please carefully check all details during the withdrawal process, and make sure your device is secure and the address is correct. Safety first.💁🏻♀️
Withdrawal Update
Withdrawals have now been restored for the following assets and networks:
- Ethereum Network: USDC, USDT, ETH
- BNB Smart Chain (BSC): USDC, USDT, BNB
We will continue to restore additional assets and networks in phases following the completion of our security checks. Further updates will be shared through official Binance channels.
We are allocating 50% of the funds from Binance’s SAFU fund address to cover this loss, while keeping the remaining half in the fund. Details regarding the address are provided in the announcement; those interested are welcome to review it.
User funds are SAFU!
Yet, this pregnant lady 👇 pulled an all nighter, along side hundreds of Binancians.
Many industry friends and even competitors (including some previously-not-so-friendly ones) provided very much needed help. 🙏
It hurts, but we will survive. 💪