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Coin Edition

2022-12-17 13:34:00

Binance Dispels FUD With Another Proof-Of-Reserves Report

Binance Dispels FUD With Another Proof-Of-Reserves Report

CryptoQuant revealed that Binance’s BTC liabilities or customer deposits are 97% collateralized by Binance’s assets. This collateralization grows 101% when the BTC loaned out to customers is included. The analytics provider reported that Binance does not show any FTX-like behavior as the native token (BNB) is not a large share of Binance’s reserves. Also, the The post Binance Dispels FUD With Another Proof-Of-Reserves Report appeared first on Coin Edition .

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