2022-12-6 16:04 |
Bitget has published its Proof of Reserve (PoR) demonstrating current reserves using the Merkle tree method in order to alleviate customer concerns in light of FTX implosion.
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Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page. It will demonstrate to users that it is a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method, and that users’ assets stored on the platform are safeguarded.
2022-12-6 14:00 | |
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Users' assets safeguarded with at least a 1:1 reserve ratio Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate tThe post Bitget shares Merkle Tree Proof of Reserves to enhance transparency appeared first on AMBCrypto.
2022-12-5 08:00 | |
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The results have not been audited by any accounting firms.
The report shows high reserve ratios for USDT, USDC, BTC and ETH.
KuCoin crypto exchange has hired Mazars for its PoR efforts.
$930,000 in Bitcoin represents a 32% increase over 2018, which had in turn presented a 212% increase over the previous year