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polkadot
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tron
TRON (TRX) $ 0.139112
bitcoin
Bitcoin (BTC) $ 51,028.67
ethereum
Ethereum (ETH) $ 2,905.53
tether
Tether (USDT) $ 0.997203
bnb
BNB (BNB) $ 368.72
usd-coin
USDC (USDC) $ 0.995818
xrp
XRP (XRP) $ 0.538838
binance-usd
BUSD (BUSD) $ 0.99582
dogecoin
Dogecoin (DOGE) $ 0.083001
cardano
Cardano (ADA) $ 0.584123
solana
Solana (SOL) $ 102.88
matic-network
Polygon (MATIC) $ 0.930823
polkadot
Polkadot (DOT) $ 7.36
tron
TRON (TRX) $ 0.139112
More

    Binance provides 11 tokens to PoR, claims $63B in reserves

    Latest News

    In line with an announcement on Mar. 7, cryptocurrency trade Binance has added an extra 11 tokens to its proof-of-reserves (PoR) report. These embrace MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. With the most recent replace, Binance says it now has over $63 billion throughout 24 belongings in its proof-of-reserves system. The most important belongings on the trade embrace (BTC), (ETH), and (USDT), with $12.7 billion, $7.1 billion, and $16.3 billion in internet buyer balances, respectively.

    Though exchanges have begun adopting the PoR methodology for better transparency within the wake of cryptocurrency trade FTX’s collapse, consultants have repeatedly warned customers of the constraints of such methodology. These embrace lack of awareness on use of leverage, collateralization, and corresponding proof-of-liabilities and can’t be revealed except accompanying monetary statements complement the PoR.

    Proceed Studying on Coin Telegraph

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