Mazars audit on KuCoin will be covering BTC, ETH and stablecoins.
Audit reports shall be available on KuCoin’s official website in a few weeks.
US Senator Ron Wyden has requested KuCoin and 5 others to provide information on consumer protection.
Ever since the FTX collapse, every crypto firm is trying to play safe, particularly cryptocurrency exchanges. Firms are getting their finances and working structure audited to find and address loopholes. Crypto exchange KuCoin recently hired Mazars, the international accounting firm, for a third-party audit for its Proof-of-Reserves.
Mazars audit: Kucoin’s BTC, ETH, USDT and USDC reserves are all overcollateralized.#GameFi #NFT #nftart #NFTs #NFTCommunity #DeFi #Cryptocurrency #BTC #ETH #Kucoin pic.twitter.com/smv4dnFpV2
— Ocean Games Guild (@ocean_guild) December 12, 2022
KuCoin & Mazars
Per the December 5 announcement, the audit report is aimed at providing the customers of the exchange with much-required transparency and pr
We współpracy z: https://www.thecoinrepublic.com/2022/12/13/btc-eth-reserves-overcollateralized-at-kucoin-mazars/
