KuCoin Passes Hacken’s Proof of Reserves Audit

KuCoin completes a successful Proof of Reserves audit by Hacken with BTC, ETH, USDT, and USDC ratios exceeding 110% as of June 30, 2025.

Key Takeaways:

KuCoin meets reserve requirements for major cryptocurrencies.
Reserve ratios exceed liabilities since June 30, 2025.
Thirty-two months of transparency in reserves reporting.

KuCoin announced on July 10, 2025, that it has successfully passed the latest Proof of Reserves audit conducted by Hacken, confirming reserve ratios above 110% for BTC, ETH, USDT, and USDC.

KuCoin’s audit by Hacken underscores industry trust, bolstering transparency among exchanges. The observed reserve ratios illustrate KuCoin’s capability to cover liabilities securely.

“We are committed to transparency and security, and this successful PoR audit showcases our dedication to maintaining user trust through consistent, verifiable reporting.”

KuCoin’s leadership, though silent in press commentary, oversees operations ensuring reserve sufficiency. Audits revealed reserve coverage of 110% for BTC and ETH, and over 112% for USDT and USDC.

Investors may perceive increased confidence in the market, as consistent reserve transparency aligns with industry stability. Community reactions highlight this commitment to financial fortitude and user trust.

The financial implications suggest increased institutional trust in KuCoin compared to competitors. Over 30 blockchain networks were involved in the audit, enhancing audit scope credibility.

Historically, Proof of Reserves transparency dissuades market fear linked to insolvency rumors. As a result, KuCoin’s ongoing audit involvement presents reliability advantages in the blockchain sector. Ongoing engagement with trusted firms like Hacken safeguards user interests and propels market trust forward.

贝莱德ETF钱包转入Coinbase 3215枚BTC与3.89万枚ETH｜链上侦探

据 BlockBeats 10 月 23 日消息，链上监测平台 Onchain Lens 追踪到贝莱德旗下 ETF 钱包向 Coinbase 转入 3,215 枚 BTC 和 38,900 枚 ETH。报道援引合计约 3. 5563 亿美元，但未注明估值时点与价格口径，该金额暂视为参考数据而非独立核实结果。