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Binance Completes Zero-Knowledge Proof for Latest Proof of Reserves

Binance said on Nov. 6 that the zero-knowledge proof for its latest proof-of-reserves snapshot has been generated, allowing users to verify that their account balances are backed at least 1:1. The snapshot was taken at 00:00 UTC on Nov. 4 and covers 44 tokens, up from 10 in the previous snapshot. Binance had estimated the full proof generation would take about 50 to 60 hours.

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