Binance published the final results of an unscheduled proof-of-reserves report, taken on November 12 at 00:00 UTC, following the October 29 hack that resulted in $6.34 billion being stolen in just 20 minutes across ten blockchains. The exchange says client deposits are fully backed, with coverage ratios of 100.04% for SHIB and 100.05% for BTC. Data shows customer accounts hold a combined 50.67 trillion SHIB, while Binance holds 50.69 trillion SHIB, including 7.46 billion held by third-party custodians. Binance also disclosed client balances of 687,912 BTC, 3.48 million ETH, 42.95 million BNB and 24.3 billion USDT, with the stablecoin recording the report’s highest coverage ratio at 104.34%.
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