Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November 22 at 23:59 UTC, Binance held enough bitcoins and wrapped bitcoins to cover all users’s balances on the exchange. Binance had already launched a proof-of-reserves website nearly two weeks ago … Continue reading Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars