News about Reserves

by COINS NEWS - 1 year ago

Binance is not holding verifiable proof of reserves for ETH/XRP in the BNB ecosystem and is failing to hold adequate reserves / or show reserves for most of its other cryptos. They only verify that they hold 30% of the ADA in the BNB ecosystem.

Please also check the edit at the bottom for an update regarding lack of proof of reserves on the stables on BNB as well: TLDR: Binance fails to provide adequate proof of reserves for assets in the BNB chain. Binance encourages users to withdra...