The global cryptocurrency exchange OKX released its fifth proof-of-reserves (PoR) report, a practice it began in November 2022 to boost transparency in the industry.
According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ether (ETH) and Tether (USDT). This puts the reserve ratios of BTC, ETH and USDT at 103%, 103% and 102%, respectively.
This latest release also comes as the exchange upgraded its PoR system with more transparency by making full liabilities (the…
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