Binance Updates Proof of Reserves: How Much Bitcoin, Ethereum, XRP, and Altcoins the Exchange Holds
Key Highlights: Binance has released its latest Proof of Reserves (PoR) update, outlining customer asset balances and backing ratios. The exchange verified that all client balances are collateralized on a 1:1 basis, with reserve ratios exceeding 100% across multiple tokens. The updated audit encompasses major cryptocurrencies including Bitcoin, Ethereum, USDT, and BNB, as well as ...