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Crypto.com Reveals $2,800,000,000 in Bitcoin and Altcoin Reserves in Bid for Transparency
The chief executive of a prominent crypto exchange is revealing some of the platform’s reserve assets in a first step towards transparency.
Crypto.com CEO Kris Marszalek Fai mai that investors can expect the crypto exchange to remain safe and transparent while announcing a full audit that would prove Crypto.com has the 1:1 ratio of reserve assets it claims it has.
To start, Marszalek is sharing the exchange’s cold wallet addresses.
“A'o fa'agasolo le fa'amaoniga o sauniuniga su'etusi fa'aagaaga, o lo'o fa'asoa atu a matou tuatusi atotupe malulu mo nisi o aseta maualuga i luga o la matou fa'avae. E na'o se vaega oa tatou fa'aagaga e fa'atusalia ai: e tusa ma le 53,024 BTC, 391,564 ETH, ma tu'ufa'atasia ma isi aseta mo le aofa'i e $3 piliona.
Fa'amolemole fa'atali se fa'amaoniga atoatoa su'etusi o fa'aagaaga mai ia i matou i le isi lua vaiaso, fa'amaonia le fa'aagaga atoa 1:1 o aseta uma a tagata fa'atau. E mafai ona e faʻamoemoe Crypto.com e faʻaauau pea ona galue i [le] agaga o le manino atoatoa ma tumau le lima mautu ma se tulaga saogalemu, malupuipuia.
E tusa ai ma le tala talu ai nei faʻamatalaga from blockchain analytics platform Nansen, Crypto.com’s cold wallet portfolio has about $2.80 billion worth of assets, 31.54% of which is comprised of Bitcoin (BTC), the leading digital asset by market cap.
Punavai: NansenOther notable crypto assets include meme token Shiba Inu (sipa), which makes up 20.08% of the total and leading smart contract platform Ethereum (ETH), which accounts for 17.35% of the portfolio.
Stablecoins Tether (USDT) ma le USD o le tupe (USDC) come in at 5.41% and 5.36%, respectively, while other altcoins make up 20.26% of the assets in the exchange’s cold wallets.
Aua le misia se Pa'u - lesitala e ave saʻo atu i luga o lau pusa meli ia matala imeli cryptosiaki Faatinoga tau
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