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OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication

Cryptocurrency exchange OKX published a second proof of reserves (PoR) report, adding features that allow users to verify that the second-largest platform by trading volume has sufficient assets to handle customer withdrawals.

The report, released Thursday, shows that as of Tuesday, 12:00 UTC, OKX's wallets held 113,754 bitcoin ($1.87 billion) against a user balance of 112,192 bitcoin (BTC). That's a bitcoin reserve ratio of 101%, a slight decline from 102% disclosed in the first report released on Nov. 22.

(By Omkar Godbole)

OKB OKB $53.27
+0.26%
OKX Proof of Reserves
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