KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month
- KuCoin has completed its 32nd consecutive Proof of Reserves audit, independently verified by Hacken.
- KuCoin holds reserve ratios of 110% for BTC and ETH, 114% for USDT, and 112% for USDC.
- This milestone is part of KuCoin’s $2 billion Trust Project, reinforcing its long-term commitment to security.
Global crypto exchange KuCoin has completed a new independent Proof of Reserves (PoR) audit, which was conducted by the leading blockchain security firm Hacken.
With this latest milestone, the platform has now achieved an impressive 32 consecutive months of publishing these PoR reports. The move reinforces KuCoin’s long-standing commitment to financial transparency and building user trust.
Audit Confirms Full Asset Backing with Surplus Reserves
In the latest audit, KuCoin demonstrated that it holds more than enough crypto assets to cover all user liabilities across supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are:
- Bitcoin (BTC): 110%
- Ethereum (ETH): 110%
- Tether (USDT): 114%
- USD Coin (USDC): 112%
Specifically, for every 1 BTC users have deposited, KuCoin holds 1.1 BTC in its reserves. The report shows Ku…
The post KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month appeared first on Coin Edition.
Читать больше
KuCoin Lists PrompTale, a Crypto Project Backed by Google and NVIDIA
Asia Morning Briefing: How Will Coinbase Rebrand Its Wallet?
KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month
- KuCoin has completed its 32nd consecutive Proof of Reserves audit, independently verified by Hacken.
- KuCoin holds reserve ratios of 110% for BTC and ETH, 114% for USDT, and 112% for USDC.
- This milestone is part of KuCoin’s $2 billion Trust Project, reinforcing its long-term commitment to security.
Global crypto exchange KuCoin has completed a new independent Proof of Reserves (PoR) audit, which was conducted by the leading blockchain security firm Hacken.
With this latest milestone, the platform has now achieved an impressive 32 consecutive months of publishing these PoR reports. The move reinforces KuCoin’s long-standing commitment to financial transparency and building user trust.
Audit Confirms Full Asset Backing with Surplus Reserves
In the latest audit, KuCoin demonstrated that it holds more than enough crypto assets to cover all user liabilities across supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are:
- Bitcoin (BTC): 110%
- Ethereum (ETH): 110%
- Tether (USDT): 114%
- USD Coin (USDC): 112%
Specifically, for every 1 BTC users have deposited, KuCoin holds 1.1 BTC in its reserves. The report shows Ku…
The post KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month appeared first on Coin Edition.
Читать больше
KuCoin Lists PrompTale, a Crypto Project Backed by Google and NVIDIA