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TechFlow News: On May 11, Binance released its May Proof of Reserves update. As of May 1, users’ net BTC balance stood at 606,742.388 BTC, while Binance’s wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%. Users’ net ETH balance was 3,762,321.834 ETH, and Binance’s wallet balance was 3,762,328.82 ETH, yielding an ETH reserve ratio of 100%. Additionally, the USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.
Binance released its May Proof of Reserves update. As of May 1, users’ net BTC balance stood at 606,742.388 BTC, while Binance’s wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%. Users’ net ETH balance was 3,762,321.834 ETH, and Binance’s wallet balance was 3,762,328.82 ETH, yielding an ETH reserve ratio of 100%. Additionally, the USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.
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