Crypto exchange OKX releases second proof of reserves
Crypto exchange OKX has released its second proof of reserves (PoR) on its website, only a month after releasing its first one. OKX’s second proof-of-reserves ratios indicate that the exchange has 101% of Bitcoin, 103% of Ethereum and 101% of USDT needed to handle all withdrawals of these cryptocurrencies.
The exchange’s previously released PoR attestation from a month ago indicated that OKX had 102% of the BTC and ETH, as well as 101% of the USDT, needed to handle all withdrawals.