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Binance’s proof-of-reserves raises red flags: Report

December 11, 2022 by DIGIT
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Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern.

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Categories Binance, Cryptocurrency Exchange
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  • bitcoinBitcoin(BTC)$89,127.00-3.49%
  • ethereumEthereum(ETH)$3,014.23-4.23%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.89%
  • binancecoinBNB(BNB)$881.56-2.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.00-4.58%
  • tronTRON(TRX)$0.285613-0.35%
  • staked-etherLido Staked Ether(STETH)$3,016.32-4.12%
  • dogecoinDogecoin(DOGE)$0.139052-6.03%
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  • bitcoinBitcoin(BTC)$89,127.00-3.49%
  • ethereumEthereum(ETH)$3,014.23-4.23%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.89%
  • binancecoinBNB(BNB)$881.56-2.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.00-4.58%
  • tronTRON(TRX)$0.285613-0.35%
  • staked-etherLido Staked Ether(STETH)$3,016.32-4.12%
  • dogecoinDogecoin(DOGE)$0.139052-6.03%