More Exchanges Showing Proof-Of-Reserves

Crypto exchange OKX announced a new proof-of-reserve program that will allow customers to verify their crypto holdings are safu on their platform.

One of India’s most valuable exchanges, CoinDCX, also published proof-of-reserves. CoinDCX plans to post monthly updates related to its liabilities. A complete list of on-chain and off-chain wallets is now accessible as well. 

Another Indian exchange, CoinSwitch, shared information also shared their proof-of-reserves. Interestingly, Shiba Inu ($SHIB) is their third-largest holding. 

Coinbase ($COIN) CEO Brian Armstrong revealed the amount of Bitcoin held by Coinbase. In a Tweet, Armstrong reiterated that, as a public company, its financials are public.

We’ll update you as more exchanges conform to this new demand made by exchanges and investors alike. 🎉

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