Binance restored withdrawals on 15 networks; net outflow of $3.64 billion occurred on November 1st.

Binance began a phased resumption of withdrawals at 06:00 on November 1st, completing the first phase of withdrawals for 15 networks and assets at 12:36. As of 15:30 that day, Binance had processed a total of $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion, representing 2.1% of its total assets under management of $171 billion. Binance completed a new round of Proof-of-Reserve (PoR) snapshots at 00:00 on October 31st and launched Zero-Knowledge Proof (ZKP) calculations. The updated report is expected to be published on the PoR website on November 2nd.