- CryptoQuant released a comparison of Binance’s Proof of Reserve (PoR) report.
- The comparison was done after the Mazars audit firm released the PoR report of Binance last week.
- Binance’s BTC liabilities are 97% collateralized by the exchange assets.
Amidst the volatile crypto market, CryptoQuant, an on-chain analysis organization, released a comparison of Binance’s Proof of Reserve (PoR) report. The comparison was done after the Mazars audit firm released the PoR report of Binance last week.
What does Binance's Proof of Reserve (PoR) report tell us from an on-chain perspective?A short thread @binance @cz_binance pic.twitter.com/2vAoOmFb63— CryptoQuant.com (@cryptoquant_com)
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