Crypto.com,
a Singapore-based cryptocurrency exchange, has published the cold wallet
addresses of some of the largest assets on its platform. The exchange announced
on Friday that the wallets consist of Bitcoin, Ether, ERC20 and other
cryptocurrencies.
The
exchange, however, noted that the assets “represent only a portion of our
reserve,” adding that combined with other digital assets, the company boasts of
a reserve that stands at approximately USD 3 billion. Crypto.com further
disclosed that the cold wallets contain about 53,024 BTC and 391, 564
ETH.
According
to Crypto.com, the BTC wallet addresses include:
- bc1qpy4jwethqenp4r7hqls660wy8287vw0my32lmy
- 3LhhDLBVWBZChNQv8Dn4nDKFnCyojG1FqN
- 3QsGsAXQ4rqRNvh5pEW55hf3F9PEyb7rVq
- bc1qr4dl5wa7kl8yu792dceg9z5knl2gkn220lk7a9
- bc1q4c8n5t00jmj8temxdgcc3t32nkg2wjwz24lywv
- 14m3sd9HCCFJW4LymahJCKMabAxTK4DAqW
The other wallets, that
contain ETH, ERC20 and other cryptocurrencies, are:
- 0x72A53cDBBcc1b9efa39c834A540550e23463AAcB
- 0x7758e507850da48cd47df1fb5f875c23e3340c50
- 0xcffad3200574698b78f32232aa9d63eabd290703
- 0x6262998Ced04146fA42253a5C0AF90CA02dfd2A3
Meanwhile, Binance on
Wednesday also published the cold wallet addresses and balances of six of the
600 coins traded on its platform. Details shared by the top exchange showed
that Binance has about 475,000 BTC, 4.8 million ETH, 17.6 billion USDT, 21.7 billion BUSD,
601 million USDC, and 58 million BNB.
#Binance published cold wallet addresses and balances for 6 of our 600 coins. More to come.
475K BTC
4.8M ETH
17.6B USDT
21.7B BUSD
601M USDC
58M BNBThese were public before anyway, but organized together for your ease of viewing.https://t.co/Jm6dVoDqM5
— CZ 🔶 Binance (@cz_binance) November 10, 2022
“As part of Binance’s
ongoing commitment to transparency and fostering trust in the ecosystem, we are
sharing details of our hot and cold wallet addresses. This is a starting point while we work to create
a Merkle tree POF that we will share with the community in the next few weeks,”
Binance explained in a statement published on its website.
Renewed Interest in Proof of Reserves
A Proof of Reserves (PoR) is an independent audit conducted by a third
party that seeks to confirm that a digital asset custodian truly holds the assets it claims
it holds on behalf of its customers. According to…
