Live Updates > Live Update Details
2026-10-31 22:38:24
Binance issued a statement regarding the recent hack, stating that the platform completed the generation of the latest Proof-of-Reserves (POR) snapshot at 00:00 UTC on October 31, 2026. As a crucial indicator of the adequacy of user funds reserves on cryptocurrency platforms, this snapshot will comprehensively reflect the actual reserve status of the Binance platform at that point in time. The platform plans to subsequently disclose the verification details of this snapshot according to relevant procedures, facilitating verification of reserve information by users and third-party institutions, thus ensuring user asset security and platform transparency.
