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Binance has recovered 98% of stolen assets, completing a reserve proof snapshot covering 44 tokens.

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Binance has recovered approximately 98% of the stolen assets. The remaining 2% of tokens are in low liquidity and will require time to purchase. Binance will absorb all losses and has reserved more than 100% of the required total assets from its own funds. Binance completed a new round of reserve proof snapshots at 8:00 AM on November 4th, increasing the number of covered tokens from 10 to 44. The complete zero-knowledge proof is expected to take 50 to 60 hours to generate, at which point users can independently verify whether their account balance is supported by at least 1:1 reserves.

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