BINANCE TO BEGIN PROOF OF RESERVES FOR COMPLETE TRANSPARENCY SAYS CZ

Last updated: June 16, 2025, 19:31  |  Written by: Tyler Winklevoss

Binance To Begin Proof Of Reserves For Complete Transparency Says Cz
Binance To Begin Proof Of Reserves For Complete Transparency Says Cz

In His Initial Tweet On

In his initial tweet on transparency, CZ called for exchanges to do “Merkle-tree proof of reserves,” a data structure that encodes blockchain data.

Binance Commits to Transparency, Reveals $40B in Stablecoin

Binance Will Launch Proof Of Reserves To Ensure Transparency

In His Initial Tweet On

Binance is fully committed to transparency, according to CEO Changpeng ‘CZ’ Zhao. It has released details on its cold wallet reserves as proof. On Nov. 10, Binance

In his initial tweet on transparency, CZ called for exchanges to do “Merkle-tree proof of reserves,” a data structure that encodes blockchain data. While blockchains are

In order to allay future uncertainties and worries regarding the reserve balance, CZ promised his 7.3 million Twitter followers that Binance would also begin proof-of

Binance

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Binance to Begin Proof-of-Reserves for Complete

Tyler Winklevoss can be reached at [email protected].

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