Daily Crypto News & Musings

Latest News and Articles about Proof of Reserves

KuCoin Refutes 77% Bitcoin Reserve Drop, Reveals 106% Ratio in Latest Report

KuCoin Denies Claims of 77% Bitcoin Reserve Drop, Calls Figures Misleading KuCoin has refuted claims of a drastic 77% drop in its Bitcoin reserves, labeling the circulating figures inaccurate and misleading. The exchange released its latest Proof of Reserves report, showing a 106% Bitcoin reserve ratio, and emphasized its commitment to transparency and user security. […]

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OKX Proof of Reserves Reveals 8,992 BTC Drop, Surge in ETH and USDT

OKX’s Latest Proof of Reserves: A Closer Look at Shifts in User Assets OKX, a prominent cryptocurrency exchange, recently unveiled its 26th proof of reserves report on December 13, 2024, showing a notable 8,992 BTC reduction in user assets. Despite this drop, the exchange reported growth in other assets, including a significant increase in Ethereum […]

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