A post by @binance on X.
As part of our ongoing security response, we have updated our list of Proof of Reserves addresses to…
@binance on X
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Binance announced it has updated its Proof of Reserves address list to include newly generated wallet addresses, with all future withdrawals to be processed from these new wallets. The move comes as part of the exchange's ongoing security response, though the tweet did not specify the incident prompting the action. Binance, the world's largest crypto exchange by trading volume, has faced heightened scrutiny of its reserve practices since the 2022 collapse of FTX, making proof-of-reserves disclosures a key trust signal for users and regulators. Rotating wallet addresses can complicate third-party reserve tracking, as analytics firms and auditors will need to remap Binance's on-chain holdings to the new addresses. Users may see withdrawals originating from unfamiliar wallets, raising phishing and spoofing risks during the transition. Watch for updated reserve attestations reflecting the new addresses and any further detail from Binance on the security incident behind the change.
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