Tag: altcoin

TL;DR: Binance said on November 2 that it had completed a zero-knowledge proof-of-reserves procedure for a snapshot taken October 31, following the exchange’s late-October security incident. Proof of reserves should not be described as a full financial audit, a guarantee against losses or evidence that all stolen assets have been returned. In the aftermath of…

TL;DR: Binance’s November 3 security-recovery notice set out a wider withdrawal restart for additional tokens and networks beginning around 04:00 UTC. Binance’s announcement is a company statement, not an independent certification that all systems are secure. The subtle point is that a route reopening is a narrow, testable milestone. It is stronger than a vague…

The update comes as the exchange expands withdrawal access across multiple blockchain networks and reports replenishing approximately 95% of the assets affected by the October 29 incident. Binance Deposits Overtake Withdrawals as Exchange Flows Stabilize Binance announced on November 3 that deposits had started exceeding withdrawals on an hourly basis, pointing to improving activity following…

TL;DR: US spot Ether ETFs saw approximately $139.7 million in net outflows on November 2, Farside Investors’ daily data show. The amounts are published for specific trading dates and can be adjusted by data providers. On November 2, BlackRock’s ETHA was responsible for roughly $138.3 million of the reported net withdrawal. That clustering suggests the…

TL;DR: US-listed spot Bitcoin exchange-traded funds recorded a combined $398.6 million net outflow on November 2, according to Farside Investors’ daily fund table. These figures are dated November 2. The November 2 figure also followed a larger $643.2 million net outflow on October 30 in Farside’s table. Back-to-back negative sessions invite closer scrutiny of allocation…