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Author: Elena R
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 29, 2024 16:49
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
OKX today announced the release of its 19th consecutive Proof of Reserve report, revealing $22.5B in primary assets backing customer funds. The current reserve ratios for OKX’s primary assets stand at 104%, 103%, 102%, and 102% for BTC, ETH, USDT, and USDC respectively. This month, OKX published over 680,000 public wallet addresses, allowing its customers and the wider community to independently verify the platform’s reserves. OKX’s global CCO is proud of the open-source PoR protocol and states that OKX will continue to innovate and enhance the PoR program, ensuring customers that their assets are securely backed by OKX’s reserves.
