Binance, the world’s largest cryptocurrency exchange, announced its proof-of-reserve system to restore declining trust in crypto exchanges following the sudden bankruptcy of FTX.
Binance, which publishes reserve reports at regular intervals, has released its 44th reserve report.
According to Binance’s official website, the reserve ratio (the ratio of Binance’s holdings to user assets) for major cryptocurrencies is excessively collateralized.
en.bitcoinsistemi.com