The exchange holds both assets at overcollateralized ratios to ensure the security of users’ funds. Binance currently holds up to 78.5 trillion Shiba Inu (SHIB) tokens and 2.7 billion XRP, according to an updated report on its Proof-of-Reserves (PoR) system. The exchange’s PoR system was recently extended to include 11 more tokens, bringing total verifiable […]

The post Binance Updated Proof-of-Reserves Show Exchange Holds 78T Shiba Inu & 2.7B XRP first appeared on The Crypto Basic.