Binance launches proof-of-reserves system for BTC holdings

Cryptocurrency exchange company Binance has released a new site that explains its proof-of-reserves system. The company is starting with BTC reserves. Right now, Binance has a reserve ratio of 101%. It means that the company has enough bitcoins to cover all users’ balances. This move comes a couple of weeks after the collapse of FTX, […]

Binance launches proof-of-reserves system for BTC holdings by Romain Dillet originally published on TechCrunch