Huobi HTX updated the Merkel tree asset certificate in March 2024, and the reserve rate remains above 100%, which is enough to ensure the safety of user assets.

According to the Huobi HTX page, Huobi HTX has updated the Merkle Tree asset proof data for March 2024. The specific reserve ratios for this update are: USDT 100% (Huobi assets 611,895,890), BTC 101% (Huobi assets 26,196), ETH 102% (Huobi assets 112,481), TRX 103% (Huobi assets 9,717,203,329). Among them, USD T and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. Currently, Huobi HTX's reserve ratio remains above 100%, meaning that Huobi wallet assets exceed the total assets held by users. Huobi HTX has sufficient reserve funds to ensure the safety of user assets. Huobi HTX will continue to regularly disclose to the public to ensure that users can deposit and withdraw assets safely and at any time.

HTX

Comments

All Comments

Recommended for you

CointimeSG ·

Lutnick, Cantor Fitzgerald negotiated a 5% ownership stake in Tether: WSJ

Cantor, which holds most of Tether’s $133 billion in reserves, negotiated a 5% ownership interest in the stablecoin issuer within the past year, according to The Wall Street Journal.
CointimeSG ·

Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB

Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?
CointimeSG ·

Bitcoin may reach $180K by the end of 2025 — TYMIO founder

The current CryptoQuant Bitcoin exchange reserve metric is roughly 2.5 million coins — the lowest level recorded during this market cycle.
CointimeSG ·

ON–293: Yield

Coverage on Convex Finance, Stake DAO, and Pendle
CointimeSG ·

Comparing IBIT & CBOE to BTC Options on Deribit

Since this week the crypto derivatives market offers various platforms for trading Bitcoin options, most notably the iShares Bitcoin Trust ETF (IBIT) options in the U.S. and the BTC options on Deribit and soon the ETF index options on CBOE.
CointimeSG ·

Boost Your Bitcoin Node Sync With UTXO Snapshots

A guide for how to significantly speed up syncing a new Bitcoin Core node using the UTXO snapshot feature.
Squad3 ·

Squad3: The New Leader in the Social Earnings Track

Squad3: The New Leader in the Social Earnings Track
Mint Blockchain ·

Mint Blockchain Community Gathering Vol. 3 | Poker Night!

Amid excitement and anticipation, the Mint Blockchain community is gearing up for its third Community Gathering, this time with the thrilling theme of Poker Night!
Mint Blockchain ·

Tropical Rainforest Point Zone Wave 2：Get your RedotRay Crypto Card

We believe this partnership will further accelerate the integration of cryptocurrency into everyday life, providing users with a more flexible and diversified payment experience! 💳✨
The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%.