PANews reported on July 4 that in response to the community’s question “Binance publishes its reserve proof on the 1st of every month, but it is already the 4th of this month and Binance has not yet released it”, CZ replied: “The snapshot is taken on the first day of the month. Binance’s reserve proof usually takes a few days to be released, usually on the 5th or 6th. It is recommended to check the historical records carefully.”