Proof of Reserves

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X @Cointelegraph
Cointelegraph· 2025-08-07 08:00
Binance Proof of Reserves - Binance releases its 33rd Proof of Reserves report [1] Cryptocurrency Market Performance Since July - $BTC is up by 2.99% [1] - $USDT is up 0.87% [1] - $ETH is down 9.84% [1]
X @Wu Blockchain
Wu Blockchain· 2025-08-07 04:38
Binance has released its 33rd Proof of Reserves report (snapshot date: August 1), showing user BTC holdings at 591K BTC, up 2.99% from the previous snapshot (July 1) with an increase of 17.1K BTC; user ETH holdings at 4.555 million ETH, down 9.84% with a decrease of 496K ETH; and user USDT holdings at 29.85 billion USDT, up 0.87% with an increase of 258 million USDT.https://t.co/pIqA2Umosp ...
X @Kraken
Kraken· 2025-07-30 18:45
Proof of Reserves Audit Highlights - Kraken's Proof of Reserves audit, completed on June 30, 2025, verifies that all client assets are fully backed on-chain [2] - The audit covers spot balances, margin activity, staked assets, and futures positions, providing a comprehensive view of client engagement [3] - Clients can independently verify their balances were included in the audit using cryptographic proof that respects privacy [3] - The June 2025 report shows every in-scope asset backed by more than 100% of client liabilities [4] - For Bitcoin and stablecoins, the backing cushion is even higher than 100% [4] Transparency and Trust - Transparency is a foundational principle at Kraken, driving product development and system design [1] - Kraken introduced the concept of Proof of Reserves over a decade ago, becoming the first major crypto platform to publish a public Proof of Reserves in 2014 [4] - Kraken's system provides users with tools to verify holdings and obligations, emphasizing self-verification over reliance on institutional trust [5] - Kraken releases audits on a regular cadence, integrating them into the company's operations to earn long-term trust [6] - Kraken aims to increase asset coverage, release more tools, and expand verifiable surface area, emphasizing proof over trust in financial systems [7]
X @Cointelegraph
Cointelegraph· 2025-07-10 11:30
⚡️NEW: KuCoin passes Proof of Reserves audit.BTC, ETH, USDT, and USDC all over 100%, marking 32 months of full backing. https://t.co/RGRYeoYfuE ...
X @Cointelegraph
Cointelegraph· 2025-07-05 16:00
📊 LATEST: Only 47.3% of the 2.4M BTC on exchanges has Proof of Reserves, per River. https://t.co/dCaDOw0zcu ...