Binance completes latest proof of reserves as it works to restore assets, withdrawals after record hack

The cryptocurrency exchange continues its recovery efforts following a significant security breach. Users can now independently verify that their assets are fully backed by the platform's reserves.

Recovery Progress

Binance has successfully restored 95% of the assets lost during the record hack, according to the company's latest update. The exchange is gradually resuming normal withdrawal operations as it works to complete the recovery process.