As we all know Coinmarketcap is owned by Binance. Well, CZ just tweeted a new coinmarketcap feature. A dashboard that keeps track of reserves.
At the moment the exchanges being tracked are:
Binance: https://coinmarketcap.com/exchanges/binance
KuCoin: https://coinmarketcap.com/exchanges/kucoin
Bitfinex: https://coinmarketcap.com/exchanges/bitfinex
OKX: https://coinmarketcap.com/exchanges/okx
ByBit: https://coinmarketcap.com/exchanges/bybit
Crypto.com: https://coinmarketcap.com/exchanges/crypto-com-exchange
Huobi: https://coinmarketcap.com/exchanges/huobi
Nice tool, however.... When proof of liabilities? This doesn't mean s*ht if liabilities are larger than the reserves.
Anyway small decent tool. Check it out. I can tell CZ is trying hard to bring some trust back to crypto but this is not nearly enough yet.
Me personally, I think these tools should have existed before. The fact that only now they are being created just shows how these companies care morw about our money than being transparent.
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