While the Proof of Reserves audit preparation is underway, we are sharing our cold wallet addresses for some of the top assets on our platform.
This represents only a portion of our reserves: about 53,024 BTC, 391,564 ETH, and combined with other assets for a total of ~US$ 3.0b
A new industry standard?
@cryptocom has become the latest crypto company promising to publish “audited proof of reserves,” amid the downfall of rival exchange FTX. https://t.co/kxpCzLPE2h
Récap’ vidéo sur cette évènement hors du commun, qui marquera à jamais l’histoire de la #crypto. Comment #FTX a-t-il pu en arriver là ? 🤔 https://t.co/E9NFfhfSLq
https://t.co/UXIzUGRUeR will be publishing its audited proof of reserves, CEO Kris Marszalek says in a tweet, noting that transparency is more important than ever https://t.co/DYSYjPeDz9
We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and https://t.co/pFc4Pz9nFR will be publishing our audited proof of reserves.
Restoring trust in our category will take time, but it’s incumbent on us to send a strong message to the world that there are trustworthy crypto platforms.
@CoinDesk@cryptocom@skesslr USDT/USDC on other chains operate normally of course.
FTX was an important bridge/venue for SOL-based stablecoins, we do not want any additional risk to our users coming from this area, hence disabling it.
Zero trading fees on core pairs are coming this Friday.
So following our Gen 3.0 migration you now get:
Low latency ✅
One wallet for Spot, Margin, Derivs ✅
0 fees ✅