BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
OKX released the seventh Proof of Reserve (PoR), the public currency has increased to 22, and the reserve rate exceeds 100%, among which the reserve rate of BTC, ETH, and USDT is 103%, with a total value of 10 billion US dollars . At present, OKX has upgraded the POR system through zk-STARK technology, and users can independently verify the solvency of Ouyi OKX at any time. It is one of the few mainstream encrypted trading platforms in the industry that issues reserve certificates on a monthly basis.
OKX Global Chief Commercial Officer Lennix Lai said: OKX has continuously released POR reports since the end of 2022, setting the highest standard for platform security and transparency for the industry. We will simplify the use of zk-STARK technology and continue to improve the proof-of-reserve system, which is a necessary condition for gaining and maintaining user trust.
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