Bitcoin News / Bitcoin.com - 7 months ago
The Bank of Tanzania said on Sept. 25 that it has kickstarted an initiative that seeks to boost the country’s foreign exchange reserves by buying gold with local currency. The bank said its objective is to acquire six tonnes of gold from miners...
Bitcoin News / Bitcoin.com - 8 months ago
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in fore...
by COINS NEWS - 8 months ago
OKX’s most recent August 25th audit shows the exchange is holding more BTC, ETH and USDT than the platform’s users are holding. According to the audit, OKX users have a total of 135,259 BTC while the exchange holds 138,584 BTC, which includes 3...
Bitcoin News / Google News Bitcoin - 8 months ago
Crypto Exchange OKX Reveals $10,400,000,000 in Bitcoin (BTC), Ethereum (ETH) and USDT Reserves& & The Daily Hodl
Cryptocoins News / Finance Magnates - 8 months ago
After the
high-profile collapse of the cryptocurrency exchange, FTX in November 2022, the
industry began looking for solutions to assure investors that centralized
trading platforms are safe. This led to the idea of creating Proof of Reserves
(PoR) t...
Cryptocoins News / Blockchain - 8 months ago
OKX, a global cryptocurrency exchange, has reported a $10.4 billion holding in primary assets like Bitcoin, Ethereum, and Tether, with 84% of respondents praising the exchange's transparency and reserve ratios. (Read More)
Cryptocoins News / The Cointelegraph - 8 months ago
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with. In the most recent...
Bitcoin News / Bitcoinist - 8 months ago
Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concern...
Bitcoin News / Bitcoin.com - 9 months ago
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its rese...
Bitcoin News / Google News Bitcoin - 9 months ago
Tether reports Bitcoin reserves up by $170M alongside drawdown in precious metals allocation& & CryptoSlate
Cryptocoins News / CoinJournal - 9 months ago
Tether’s excess reserves for the USDT stablecoin hit $3.3 billion in Q2.
An attestation report for the quarter by BDO showed operational profits of over $1 billion.
Tether’s consolidated liabilities was roughly $83.17 billion, while expo...
Cryptocoins News / The Cointelegraph - 9 months ago
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion. Tether continues to increase its treasury reserve ho...
Cryptocoins News / Finance Magnates - 9 months ago
In an ongoing
effort to maintain transparency in the crypto sphere, OKX has published its
ninth consecutive monthly Proof of Reserves (PoR). The latest PoR indicates a
substantial balance of $11.3 billion, majorly in Bitcoin (BTC), Ethereum (ETH)
and...
Cryptocoins News / CoinJournal - 9 months ago
HONG KONG, HONG KONG, July 26th, 2023, Chainwire
OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in...