Binance Launches Next Phase Of User Transparency Updates

Published on November 25, 2022 07:34 AM EST

Nov 25 (Reuters) -

* BINANCE LAUNCHES NEXT PHASE OF USER TRANSPARENCY UPDATES

* BINANCE - LATEST UPDATE SHOWS PROOF OF RESERVES FOR BTC AND AN UPDATE USING MERKLE TREE DATA STRUCTURE FOR USERS TO VERIFY BTC HOLDINGS

* BINANCE - WORKING TO ONBOARD AN INDEPENDENT THIRD PARTY AUDITOR TO VALIDATE MERKLE TREE DATA

* BINANCE - THIS IS FIRST ITERATION OF FEATURE, WITH VERIFICATION FOR ETH, USDT, USDC, BUSD AND BNB COMING SOON

* BINANCE - IS ALSO LOOKING AT INTRODUCING ZK-SNARKS IN COMING WEEKS Source text for Eikon:

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