Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX.
In this context, Binance, which publishes reserve reports at regular intervals, has published the 22nd Report of its reserves.
Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, XRP, USDC, TUSD, Dogecoin (DOGE), Polygon (MATIC), Polkadot (DOT), Chainlink (LINK), SHIB, Arbitrum (ARB), Litecoin (LTC), Optimisim (OP), Chilliz (CHZ), UNI, Aptos (APT), GRT, SSV, CHR, ENJ, 1INCH, CRV, WRX, MASK, HFT, BUSD and CVP and Pepecoin (PEPE) was featured.
Accordingly, users’ Bitcoin assets decreased by 1.27% compared to the previous report, reaching 605,690 BTC, while USDT assets increased by 4.34%, reaching 22.1 billion.
It was also seen that users’ BNB assets increased by 0.42%, reaching 40.7 million.
Finally, when looking at users’ Ethereum assets, it was seen that it decreased by 4.58% to 4.48 million.
*This is not investment advice.