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90% of WazirX’s User Assets are in Binance Wallets, According to Proof Of Reserves Report

Altszn.com by Altszn.com
January 11, 2023
in Blockchain, Crypto, DeFi, Web3
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90% of WazirX’s User Assets are in Binance Wallets, According to Proof Of Reserves Report
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CoinGabbar, a third party platform that tracks crypto assets, released WazirX’s proof of reserves. At the time of writing, WazirX had $285 million of total user assets, displayed in the form of stablecoin USDT, which is pegged to the U.S. dollar. Of the total user assets, around 92% or $259.07 million was held in Binance wallets, with $26.45 million being held in other exchanges.



Read More: www.coindesk.com

Tags: assetsBinanceDeFiProofReportReservesuserWalletsWazirXs
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    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.14
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    • bitcoinBitcoin (BTC) $ 103,872.00
    • ethereumEthereum (ETH) $ 2,506.46
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.39
    • bnbBNB (BNB) $ 645.84
    • solanaSolana (SOL) $ 171.22
    • usd-coinUSDC (USDC) $ 0.999801
    • dogecoinDogecoin (DOGE) $ 0.222663
    • cardanoCardano (ADA) $ 0.757871
    • tronTRON (TRX) $ 0.272611
    • staked-etherLido Staked Ether (STETH) $ 2,503.75
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,854.00
    • suiSui (SUI) $ 3.84
    • wrapped-stethWrapped stETH (WSTETH) $ 3,006.60
    • chainlinkChainlink (LINK) $ 15.69
    • avalanche-2Avalanche (AVAX) $ 23.03
    • stellarStellar (XLM) $ 0.290440
    • hyperliquidHyperliquid (HYPE) $ 26.80
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.194346
    • leo-tokenLEO Token (LEO) $ 8.70
    • bitcoin-cashBitcoin Cash (BCH) $ 399.38
    • the-open-networkToncoin (TON) $ 3.10
    • litecoinLitecoin (LTC) $ 98.42
    • polkadotPolkadot (DOT) $ 4.75
    • usdsUSDS (USDS) $ 0.999885
    • wethWETH (WETH) $ 2,506.24
    • moneroMonero (XMR) $ 340.13
    • bitget-tokenBitget Token (BGB) $ 5.25
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
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    • uniswapUniswap (UNI) $ 5.92
    • aaveAave (AAVE) $ 225.35
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    • aptosAptos (APT) $ 5.19
    • okbOKB (OKB) $ 53.18
    • jito-staked-solJito Staked SOL (JITOSOL) $ 206.32
    • crypto-com-chainCronos (CRO) $ 0.099562
    • ondo-financeOndo (ONDO) $ 0.936759
    • kaspaKaspa (KAS) $ 0.111530
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.14
    • internet-computerInternet Computer (ICP) $ 5.26