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Connect scattered updates into a story you can understand.
Binance stated that October 31 the zero-knowledge proof for its proof-of-reserves snapshot has been generated, and approximately 95%of assets affected by the security incident have been replenished. Binance plans to continue expanding the snapshot's coverage and gradually restore more withdrawals.
Binance said it had resumed withdrawals for the DOGE network and for ETH、USDT、USDC on the Optimism network, and would restore more assets and networks in phases.
Binance co-founder He Yi said that most recent large transfers were from Binance cold wallets to new hot wallets. Binance previously said it was strengthening withdrawal services and address controls, and planned to gradually resume withdrawals.
Binance has updated its Proof of Reserves address list, according to an announcement; subsequent withdrawals will be processed through newly generated wallet addresses.
He Yi said that Binance withdrawals are currently operating smoothly overall, but a large number of requests within a short period may cause network congestion. She reminded users to verify the receiving address and confirm the security of their devices and operating environment.
Binance's second security incident update announcement said it plans to complete the initial proof-of-reserves snapshot today before 15: 33 and aims to begin restoring withdrawals in phases tomorrow before 13: 33.
October 30, KuCoin said it was not affected by the security incident mentioned on social media, user assets are secure, and trading and withdrawal services are normal.
Binance Alpha will, on October 9, 16: 00（UTC+8) remove SUP、CUDIS、PYTHIA and others 14 tokens; withdrawals or selling will remain available afterward.
X account @laowu3677 says the platform concerned has not opened withdrawals and believes that a system problem may exist if withdrawals are not restored within 24–48 hours.
Xie Jiayin, head of Bitget’s Chinese-speaking region, said that the platform has commissioned a third-party security team to investigate the attack vector and verify remediation measures. Withdrawals will resume after potential risks have been eliminated.
