For ten tokens, Binance says yes. The exchange finished a zero-knowledge proof of reserves for its October 31, 00:00 UTC snapshot covering BNB, BTC, ETH, RLUSD, SOL, USD1, USDC, USDT, XRP and ZEC, which lets each user check that their balance is counted and backed at least one to one, Unchained reported. A Merkle tree shows every account was included and a zk-SNARK shows reserves exceed liabilities without exposing anyone's balance; the verifier is open source on GitHub, and Binance says it was independently audited. The gaps are timing and coverage. The snapshot predates the November 1 withdrawal rush, and the roughly 5% of losses Binance has not yet replaced sits in less liquid tokens outside the ten. A second snapshot was set for November 4 with more tokens, and co-CEO Yi He says each proof "will take about 40 to 50 hours after the snapshot is completed." The story behind the theft has also grown: Binance first pointed to one compromised laptop, then found "additional points of breach," and co-CEO Richard Teng says the attacker "did not simply use one engineer's permissions." Ram Ahluwalia's verdict on the sector was blunt: "It's all about trust, it's all about confidence."