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CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves

An on-chain audit of Binance by the blockchain analytics firm CryptoQuant has concluded that Binance’s reserves of bitcoin (BTC) and other major coins “are not showing ‘FTX-like’ behavior at this point.” In analyzing the...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves
An on-chain audit of Binance by the blockchain analytics firm CryptoQuant has concluded that Binance’s reserves of bitcoin (BTC) and other major coins “are not showing ‘FTX-like’ behavior at this point.”
In analyzing the numbers, CryptoQuant said it compared Binance’s BTC liabilities, as stated in the exchange’s recent proof-of-reserves report to how much BTC on-chain data shows that Binance holds....
Read More: CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves

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