Binances bitcoin reserves are fully collateralized according to auditing firm Mazars

Auditing corporate Mazars has introduced a report about Binance’s BTC reserves. The auditing corporate has reached the identical conclusion as Binance itself. As of November November 22 at 23:59 UTC, Binance held enough bitcoins and wrapped bitcoins to conceal all consumers’s balance on the exchange. Binance had already presented a proof-of-reserves site almost about two weeks […]
Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November November 22 at 23:59 UTC, Binance held enough bitcoins and wrapped bitcoins to cover all users’s balance on the exchange. Binance had already launched a proof-of-reserves website nearly two weeks […]Original article
Author: Romain Dillet

Romain Dillet is a Senior Writer at TechCrunch. Originally from France, Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to fashion, Apple, AI and complex tech achievements. He also …

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