OKX Releases 49th Proof-of-Reserves Report, Says Major Crypto Holdings Total $27.8 Billion
JH Kim
Summary
- OKX said it released its 49th proof-of-reserves report.
- The report said total holdings of major cryptocurrencies including Bitcoin, Ether, Tether and USDC stood at $27.8 billion.
- The report did not provide holdings for each individual asset.
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Global cryptocurrency exchange OKX has released its 49th proof-of-reserves report. Holdings of major cryptocurrencies including Bitcoin, Ether, Tether and USDC totaled $27.8 billion.
Cointelegraph reported on November 2 that OKX disclosed reserve holdings for four major crypto assets in the report.
The assets included in the report were Bitcoin, Ether, Tether and Circle's U.S. dollar-denominated stablecoin USDC.
The combined reserves for those assets stood at $27.8 billion. The report did not provide a breakdown by individual asset.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.