Market Cap: $2,144,266,753,278
24h Vol: $70,422,960,955
Cryptocurrencies: 29401
Markets: 112270
Cryptocurrencies: 29401
Markets: 112270
Market Cap: $2,144,266,753,278     
24h Vol: $70,422,960,955
Bitcoin.com 2022-11-25 17:30:38

Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon

Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while the company’s customer net balance is roughly 575,742 bitcoin. Binance’s Bitcoin
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