February 7, 2023

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Crypto​.com releases proof of reserve showing over 100% for BTC, ETH By Cointelegraph


Crypto.com has released an audited proof of reserve page showing the exchange has enough crypto assets to cover its liabilities to customers, according to a Dec. 9 statement on the exchange’s website. The new page shows that Crypto.com owns 102% of the (BTC), 101% of the Ether (ETH) and 102% of the (USDC) needed to process withdrawals.

(USDT), (XRP), (DOGE), (SHIB), Chainlink’s LINK (LINK) and Decentraland’s MANA (MANA) are also included in the report, with each of them having reserves over 100%.

Read more on Coin Telegraph