Crypto.com Releases Proof of Reserves, Showing Customers’ Balances Are Over 100% Backed
CryptoCom has provided proof of reserves for nine crypto assets, using the same auditor as Binance.
Crypto Exchanges Reveal Their Reserves, but Can You Trust Them?
Just because a centralized exchange has reliable proof of reserve, it does not mean that it is 100% safe.
Independent Audit Mazars Group Confirms Binance’s Bitcoin Is More Than Fully Backed
With the inclusion of In-Scope Assets lent to customers through margin and loans which are overcollateralized by Out-Of-Scope Assets, Binance was 101% collateralized.
Proof Of Reserves: Why Binance Is Launching A Website Dedicated To Transparency
Binance announced on Friday that it is establishing a new proof of reserves (PoR) website to indicate that it holds client assets in full as a digital currency keeper.
