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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 that October 31 the complete zero-knowledge proof corresponding to the Proof of Reserves snapshot has been completed, and holders of the ten tokens can verify online whether their account balances have at least 1: 1 in reserves.
[New Fundraising] Orochi Network Raises $8 Million in Funding; Bolts Capital and Others Participate Orochi Network is a decentralized verifiable data infrastructure, with its core product being zkDatabase, a zero-knowledge proof database designed for Web3. What it does: it provides verifiable off-chain data storage and computation for on-chain applications, ensuring data integrity, availability, and privacy; it supports scenarios such as RWA, stablecoins, and on-chain credit, enabling smart contracts to verify off-chain data without trusting third parties. How to use: developers store and query data through the zkDatabase API, the system automatically generates zero-knowledge proofs, and on-chain contracts verify the proofs before using the data. Technical mechanism: it utilizes Merkle trees and zero-knowledge proofs (e.g., Groth16) for data commitment and validity proofs, and ensures network consistency through Orochi Consensus (asynchronous BFT) and Gossip DAG. Source…
Payy said the claims process requires submitting a seed phrase or private key to verify the user's ZK balance under its USDC privacy architecture, and not to control assets.
[New Fundraising] Vest Closes $13 Million Seed Round Led by Portal Ventures Vest is a trustless, composable financial ecosystem built on zkRisk, a zero-knowledge unified risk engine. Its first product, Vest Exchange, offers perpetual futures trading: users connect an EVM or Solana wallet, deposit funds, and trade without gas fees. zkRisk uses zero-knowledge proofs to verify risk computations and solvency on-chain, and applies risk-indifference pricing—charging a Premia based on the risk a trade introduces rather than fixed fees—thereby achieving capital efficiency and risk isolation without exposing user data. Source: https://fortune.com/2026/10/07/exclusive-portal-ventures-vest-13-million-proprietary-trading-firm-traders-profits/
World stated that as personal AI agents gain adoption, services will need to verify whether an agent was initiated by or received approval from a real person. It said that Okta, Vercel, Exa, and Browserbase have integrated World ID。
The Ethereum Foundation, together with OAC has launched the project zkAPI. Users deposit ETH or USDC and can then obtain temporary keys through zero-knowledge proofs to call AI models.
The Ethereum Foundation announced that zkAPI, jointly developed with the Open Anonymity Project, is running on the Ethereum mainnet and can separate AI API payments from user identities through zero-knowledge proofs.
SEC Commissioner Hester Peirce calls for a reassessment of KYC and AML regulation, arguing that excessive data collection may impede the identification of genuine risks. She proposed exploring the use of zero-knowledge proofs to verify compliance without exposing personal data.
SEC Commissioner Hester Peirce stated that regulators should reduce personal data collection in KYC and AML and explore zero-knowledge proofs and attribute-based credentials. She also suggested reducing redundant identity verification.
Andy, founder of The Rollup, cited sources on X as saying that the US SEC is preparing to adjust KYC requirements so that users can access tokenized securities on-chain after a single verification.SEC has not been officially confirmed.
SEC Commissioner Hester Peirce at the SIFMA digital asset conference said that zero-knowledge proofs and public blockchains can improve the efficiency of identity and compliance verification while reducing the collection of sensitive information.