Binance Releases Proof Of Reserves: Here’s How Much DOGE, SHIB, And XRP It Holds
Summary
Binance released its Proof of Reserves (PoR), revealing significant holdings in popular digital assets like Dogecoin, Shiba Inu, Bitcoin, and Ethereum. The exchange's net balances for these assets were showcased, with DOGE and SHIB holdings exceeding 100%. Binance's diverse portfolio also includes XRP, Solana, USDT, and USDC. The audit demonstrates Binance's commitment to transparency and security, excluding corporate holdings and utilizing the Merkle Tree for verification.
