OKX adds 13,800 Bitcoin in month Binance lost $6.3bn to hackers

Key points

• Customer Bitcoin on OKX rose 13,800 BTC to 156,609 BTC, worth over $1bn at about $76,800 a coin.
• Binance CEO Yi He says full zero-knowledge proofs for its 31 Oct snapshot are ready, with new snapshots due 4 Nov.

OKX's proof-of-reserves report shows customer Bitcoin holdings rose 9.66% to 156,609 BTC between its 3 October and 1 November snapshots, an increase of 13,800 BTC. At about $76,800 a coin, that gain is worth more than $1bn, and the exchange's total customer stack is worth roughly $12bn, Bitcoin.com News reports.

The snapshot does not show how much Bitcoin arrived after the Binance hack. Binance has shed more than $16.5bn in tracked assets since the attack, falling from about $145bn on 29 October to about $128bn on 2 November, part theft and part falling prices.

Tether said it froze over $1.5bn tied to the hack within 30 minutes.

What to watch: Binance plans to release new reserve snapshots on 4 November, and OKX's 50th report is due in early December.

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