Binance, the world’s largest cryptocurrency exchange, has added 11 new altcoins, including Dogecoin (DOGE), to its verifiable assets in its proof-of-reserve system (PoR).
As part of the proof-of-reserve movement, Binance announced on its official website on March 7th. Mask Network (MASK), Enjin Coin (ENJ), WazirX (WRX), The Graph (GRT), Chromia (CHR), Curve DAO (CRV), 1inch (1INCH), Hashflow (HFT), SSV Network (SSV), and Dogecoin (DOGE) among cryptocurrency users, including popular the one which… eleven new entities are also verifiable entities added in.
According to the statement, with the latest update, the total amount of funds that can be verified on Binance has exceeded $ 63 billion.
Added 11 tokens The number of verifiable assets on Binance, along with up to 24. Verifiable assets on Binance prior to the update: Tether (USDT), Binance USD (BUSD), BNB (BNB), Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), Solana (SOL), Chainlink (LINK), Chiliz (CHZ) , Polkadot (DOT) and Shiba Inu (SHIB) was determined as.
Earlier last month, Binance CEO Changpeng Zhao (CZ) announced that they had integrated the zero-knowledge proof (zk-SNARK) system into the exchange’s proof of reserve.