‼️$DUSK 🧧 Reward is here ‼️ I’m sharing $DUSK 🧧 rewards with the community as a Bigger thank-you. ✨ Just claim your reward and enjoy! ✨ Claim it. Get rewarded
You have to suffer, struggle, strive, do hard things, and keep going until you get through them. Only by getting through them can you truly understand the weight of what you’ve put in. Nothing great in this world comes easily. So, in that sense, I wish you greatness—which, in my way of putting it, means I wish you plenty of genuine hardship. You have to, you have to, you have to suffer. You have to struggle. You have to endeavor. You have to do those hard things and work through it in order to really appreciate what you've done. And there are no such thing that is great that was easy to do. And so by definition I would say therefore, I wish upon you greatness which, by my way of saying it, I wish upon you plenty of plain suffering.
Binance users can now independently verify that their balances in ten major tokens are backed at least 1:1, after the exchange completed the full zero-knowledge proof for its latest Proof of Reserves snapshot. In its fifth recovery update on Monday, November 2, Binance said the proof for the snapshot taken at 00:00 UTC on October 31 was finished within its estimated timeframe. “With the generated proof, the backed portion of that commitment is now publicly verifiable,” the exchange said. Ten Tokens Now Verifiable The proof covers the ten tokens Binance has fully backed since its security incident: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. Users holding any of them can confirm their balances are backed at least 1:1 using the verification tool on Binance’s Proof of Reserves website. How to Verify To run the check, users log in to their Binance account through the official website and download the verifier tool from the Proof of Reserves page to their own computer. Running it on their own device means users carry out the check themselves rather than relying on Binance’s word. The verifier is open source, published on GitHub and has been independently audited. Binance’s Proof of Reserves combines two cryptographic tools. A Merkle tree lets each user confirm that their own account assets are included in the snapshot. A zk-SNARK, a type of zero-knowledge proof, shows that reserves cover user balances at least 1:1 without revealing any individual’s balance. 95% of the Loss Now Covered Binance said it has covered about 95% of the stolen amount, up from 90% on October 31. The remaining 5% is made up of less liquid tokens outside the top ten, which take longer to buy at the required scale, and Binance is working with industry partners to complete those purchases. More Tokens and Withdrawals This Week Binance plans to take another snapshot covering more tokens on Wednesday, November 4, followed by a new full zero-knowledge proof that will take about 40 to 50 hours to generate. The next phase of withdrawals for additional networks and assets is planned for Tuesday, November 3, as a progressive rollout. “Binance will absorb the financial impact of the stolen funds, not our users,” the exchange said. Binance reminded users to access only its official website for verification, never share login details, and avoid untrusted devices
Binance was robbed of $6.3 billion—the root cause was that its signing authority was compromised. 🚨
The hackers started on the XRP chain and emptied nine chains in 55 minutes. On Ethereum, they slipped dozens of sequential authorizations into legitimate withdrawals. Three minutes later, they swept away more than $2.5 billion. 🚨 How the funds were frozen: Stablecoin issuers reacted quickly, freezing $3 billion within an hour. But the hackers had already converted more than $400 million to cash and put up $60 million as collateral. In the end, they escaped with $3.3 billion in Bitcoin and Ethereum. 🚨
Where did the keys go? The private keys may never have been lost. The hackers may have gained access to the signing service. If the machine blindly signs without checking the contents, the vault can still be emptied. 🚨
Why did every line of defense fail? The signing machines were too blind. Wallets blindly trusted one another, and individual wallets held too much money. The hackers had a clear path, while the bank took two and a half hours to react. 🚨 This incident is a wake-up call for the industry: protecting private keys isn’t enough—you also have to control the hand that signs. 🚨 #币安将恢复第一阶段提现 #币安已覆盖60亿美元被盗损失
🚨 OIL CRASHES MORE THAN 7% IN ONE SESSION! IS GLOBAL INFLATION PRESSURE FINALLY STARTING TO EASE?
A major market shift unfolded on November 2!
🛢️ Brent crude closed down approximately 7.6%.
📉 WTI crude closed down approximately 7.4%.
The catalyst: Iran signaled a willingness to negotiate with the United States, while Qatar-mediated diplomacy continued. Markets began reassessing Middle East energy supply risks.
But remember: Renewed diplomatic hopes do NOT mean a peace agreement has been reached.
Four key signals 👇
🛢️ ① ENERGY RISK EASES: If Gulf shipping gradually normalizes, geopolitical risk premiums in oil could decline further.
🏦 ② BONDS GET RELIEF: Lower oil prices may ease inflation concerns, but they do not guarantee central-bank rate cuts.
📊 ③ EQUITIES DIVERGE: Lower energy costs could help some businesses, while tech stocks still face valuation and AI-return concerns.
₿ ④ BTC, ETH & BNB: Crypto may respond to the dollar, interest rates and global risk appetite. Falling oil alone is not a buy signal.
THE BIG QUESTION:
Are markets correctly anticipating a peace breakthrough, or underestimating the risk of failed negotiations?
👀 Actual shipping conditions in the Strait of Hormuz 👀 Any formal U.S.–Iran agreement 👀 The 10-year Treasury yield and dollar 👀 Nasdaq and Asian equity performance 👀 BTC, ETH and BNB volume and ETF flows
The November 3 U.S. midterm elections could also influence global risk appetite.
👇 WHICH SCENARIO DO YOU EXPECT?
🟢 Diplomacy advances and oil-driven inflation pressure eases
🔴 Talks falter and energy-market volatility returns
If enduring hardships is a path one is destined to walk, then silence is the transformation along the way. If a life of trials is inevitable, silence is the metamorphosis.
Previously, I posted that there was about a 50% chance that 79k would be the bottom of this cycle. I’ve seen quite a few people say that news and fundamentals cannot affect the market. Here’s my response:
Technically speaking, news usually does not have a significant impact, or it only causes short-term emotional swings in candles at the edges of the price structure.
However, just as a brief light rain doesn’t affect driving, what if it were a sudden superstorm that only happens once in a hundred years?
Don’t treat anything as absolute.
I stand by my view: if no black swan event occurs this time, the cycle’s turning point will most likely be just a brief dip below the 79.4 area. A break below 79 would mean the market needs a longer period of correction. For now, $BTC will begin oscillating within a range of 72–78.5.
#BTC will not fall below 71.588. That’s my belief!
The 76.4 support level is holding up very well; it’s truly an extremely strong support zone. I hope the price can break below this support zone, as that would provide a very good opportunity to add to a position in the future using right-side trading. #baisha #BTC price trend analysis
🎁 $BTC Bitcoin is trading near $76,830 as market uncertainty grows ahead of US midterm elections. Technology stocks are declining, while investors remain cautious. ETF outflows and changing market sentiment are adding pressure. Traders are watching $76,000 support and $80,000 resistance.
Trick or Trade: My Halloween Journey from Fear to Confidence 🎃💛
Halloween is a time when creativity, mystery, and imagination come together. This year, I wanted to celebrate it with glowing pumpkins, golden lights, spooky decorations, and a little Binance-inspired touch. But for me, Halloween is more than just decorations. It reminds me of my journey in crypto, the challenges I have faced, the lessons I have learned, and the confidence I have built along the way. If I could give my Halloween celebration a name, it would be “Trick or Trade: From Beginner to Believer.” Imagine a dark room filled with warm golden lights. Pumpkins glow on the table, little bats hang on the walls, and a mysterious moon shines through the window. A laptop sits on the desk, ready for another journey into the world of Web3. The atmosphere feels spooky, but the golden light brings warmth and excitement. For me, this setting represents the perfect mix of Halloween creativity and my passion for crypto. My crypto journey has taught me that every new beginning comes with questions. When you enter the world of blockchain, everything can feel unfamiliar. Wallets, trading, airdrops, tokens, and different projects may seem confusing at first. You cannot understand everything in one day, and that is completely normal. Sometimes, learning crypto feels like walking through a haunted house. You cannot see what is waiting around the next corner. There may be unexpected challenges, confusing information, and moments when you are unsure about your next step. But every experience gives you another opportunity to learn something useful. One important lesson I have learned is that success in crypto requires more than excitement. Research, patience, security, and discipline matter a lot. The market can change quickly, and following every trend without understanding it can lead to poor decisions. I believe it is always better to learn carefully than to rush into something just because everyone else is talking about it. My experience with Binance Square has also shown me the value of sharing knowledge and connecting with people who have similar interests. Every post can start a conversation, every comment can bring a new perspective, and every discussion can help someone understand a topic a little better. For me, a strong community is not only about numbers or popularity. It is about learning together, supporting each other, and growing through shared experiences. As a learner, I know that building confidence takes time. There will always be new technologies to explore, new ideas to understand, and new challenges to overcome. The important thing is to stay curious, keep improving, and never feel ashamed of starting from zero. That is what Halloween means to me this year. The pumpkins represent creativity, the shadows represent the unknown, and the golden lights represent hope, knowledge, and the courage to keep moving forward. My message is simple: Do not let fear stop you from learning, but never let excitement replace careful thinking. Every expert was once a beginner, and every small step can bring you closer to your goals. Now I want to hear from the Binance community! 🎃 How are you celebrating Halloween this year? Are you choosing spooky costumes, creative decorations, scary stories, or a Halloween theme inspired by crypto and Web3? Share your ideas and let us celebrate creativity, learning, and community together! Happy Halloween to everyone in the Binance community! 💛🖤 #Halloween #LearnWithNAJAF #SEAPumpkinFrenzy #Binance @Binance Burmese