About 90% of affected assets have been backfilled, Binance publishes proof-of-reserves snapshot
Odaily reports: Binance announced that, as of October 31, approximately 90% of the affected assets have been backfilled, a further increase from the previously disclosed 80%. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing; the remaining roughly 10% consists of tokens other than the previous top ten, which, due to relatively lower liquidity, may take longer to fully acquire. Binance stated that the funds for this asset replenishment came from part of the SAFU fund (expected to be completed within the next 24 hours), a portion of the funds from the futures insurance fund, and Binance's own funds. Binance completed a new round of proof-of-reserves snapshot at 08:00 on October 31 (UTC+8), and the full proof is expected to be generated on November 3 (UTC).
