Binance proof of reserves: 630,000 BTC on hand
Binance has published its 43rd proof-of-reserves report, based on a snapshot of reserves as of June 1. This audit aims to demonstrate that user funds are backed 1:1 on-chain, with additional reserves as collateral, thus offering transparency on the backing of the crypto assets held on the platform. Key points Binance’s PoR report is based...
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