OKX publishes second Proof-of-Reserves update, commits to report monthly

1 year ago

Leading crypto speech OKX has published the second update of its proof-of-reserves (PoR), with a committedness to update connected a monthly basis.

Following the illness of FTX, crypto exchanges including OKX and Binance person moved to amended their transparency by publishing PoR reports.

OKX published the archetypal mentation of its archetypal impervious of reserves study successful December and it is accessible connected the exchange’s website.

In a Dec. 22 update, OKX said it has published the 2nd mentation of its reserve study to the public. Users tin easy self-verify assets held connected OKX wholly on-chain.

According to OKX’s dashboard connected Nansen, the crypto speech holds implicit 90% of its assets successful BTC, ETH, and USDT.

In addition, OKX has committed to updating its impervious of reserves connected the 22nd of each month.

OKX CMO Haider Rafique said::

“Publishing PoR results connected a monthly ground fortify our committedness to pb the manufacture erstwhile it comes to transparency and trust.”

The station OKX publishes 2nd Proof-of-Reserves update, commits to study monthly appeared archetypal connected CryptoSlate.

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