List of Flash News about Merkle tree verification
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2025-09-08 12:57 |
Binance Proof of Reserves Transparency: Richard Teng Reaffirms Verifiable Assets for Crypto Traders
According to @_RichardTeng, Binance’s Proof of Reserves is a core part of the exchange’s transparency commitment and makes customer assets verifiable (source: @_RichardTeng on X, Sep 8, 2025). According to Binance’s official Proof of Reserves documentation, users can verify inclusion of their balances in the liabilities Merkle tree and validate holdings via a Merkle proof with zk-SNARKs for privacy (source: Binance.com Proof of Reserves documentation). According to Binance’s Proof of Reserves page, per-asset snapshots publish reserve ratios that users can check to confirm that on-chain wallet balances meet or exceed customer liabilities for those assets (source: Binance.com Proof of Reserves). |