Ethereum

Solana

Litecoin

Bitcoin

Binance, the world's largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. 
In this context, Binance, which publishes reserve reports at regular intervals, has published the 23rd Report (snapshot date October 1) of its reserves. 
Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, XRP, USDC, TUSD, Dogecoin (DOGE), Polygon (MATIC), Polkadot (DOT), Chainlink (LINK), SHIB, Arbitrum (ARB), Litecoin (LTC), Optimisim (OP), Chilliz (CHZ), UNI, Aptos (APT), GRT, SSV, CHR, ENJ, 1INCH, CRV, WRX, MASK, HFT, BUSD and CVP and Pepecoin (PEPE) was featured. 
Accordingly, users' Bitcoin assets decreased by 1.58% compared to the previous report to 596 thousand BTC, while USDT assets decreased by 3.16% to 21.4 billion. 
It was also seen that users' BNB assets increased by 2.17%, reaching 41.58 million. 
Finally, when looking at users' Ethereum assets, it was seen that it decreased by 1.37% to 4.42 million. 
Binance’s latest proof of reserves shows that despite the dwindling assets, BTC, USDT, and ETH reserves remain overcollateralized by 106.73%, 111.38%, and 100.57%, respectively. 
<img decoding="async" class="alignnone size-full wp-image-155593" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/10/Ekran-goruntusu-2024-10-08-102603.png" alt="" width="1190" height="632"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/binance-releases-new-proof-of-reserves-here-are-the-amounts-of-bitcoin-ethereum-and-altcoin-in-hand/">Binance Releases New Proof of Reserves! Here Are the Amounts of Bitcoin, Ethereum and Altcoin in Hand!</a>

Binance Releases New Proof of Reserves! Here Are the Amounts of Bitcoin, Ethereum and Altcoin in Hand!

Bitcoin Sistemi EN

Other articles published on Oct 8, 2024

Is It Too Late To Buy MOODENG? Moo Deng Price Surges 115% And This Might Be The Next Crypto To Ex...

Ethereum Price Drops to $2,438 – Massive 51% Surge in Trading Volume - Is a Rebound Coming?

Binance set to list Ethereum Layer 2 Scroll's token, SCR, for pre-market trading

Bitcoin Reward App Fold Submits S-4 Filing to SEC for Upcoming IPO

Bitget Announces Full Compensation Plan Following Sudden $BGB Token Crash

SEC issues urgent warning to investors amid rising romance scams

Join our free newsletter for daily crypto updates!