Binance's 19th Proof of Reserves
The world's largest crypto exchange platform, Binance, has announced the 19th POR (proof-of-reserves). The data for the POR is based on June 1st.
All assets are backed by reserves in a 1:1 ratio. Data proves that user reserves for BTC and ETH have increased, but reserves of BNB and USDT decreased compared to May.
Binance has recorded $1.54B outflows, and its asset reserve stands at $124.69 B.
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