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ZyCrypto 2022-11-25 17:00:14

Binance Publishes Proof of Reserves System For BTC, More Assets to Follow

Today Binance released its first Merkel Tree Proof of Reserves (PoR) system as a show of its commitment towards transparency following the collapse of giant exchange FTX. However, in a statement, the exchange noted that it would first disclose BTC holdings before sharing details of other tokens and networks “in the next couple of weeks”.

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