Huobi HTX updated the Merkel tree asset certificate in March 2024, and the reserve rate remains above 100%, which is enough to ensure the safety of user assets.

According to the Huobi HTX page, Huobi HTX has updated the Merkle Tree asset proof data for March 2024. The specific reserve ratios for this update are: USDT 100% (Huobi assets 611,895,890), BTC 101% (Huobi assets 26,196), ETH 102% (Huobi assets 112,481), TRX 103% (Huobi assets 9,717,203,329). Among them, USD T and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. Currently, Huobi HTX's reserve ratio remains above 100%, meaning that Huobi wallet assets exceed the total assets held by users. Huobi HTX has sufficient reserve funds to ensure the safety of user assets. Huobi HTX will continue to regularly disclose to the public to ensure that users can deposit and withdraw assets safely and at any time.

HTX

Comments

All Comments

Recommended for you

Ryan Sean Adams ·

Will this cycle skip Ethereum?

Ryan Sean Adams is going to take the perspective of long-term Ethereum bulls, not the obviously wrong dyed in the wool Ethereum is dead haters.
Cointime精选 ·

Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
Jesse Hamilton ·

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."
cointelegraph ·

If SEC approves spot Ether ETFs, many ‘will be caught severely offside’

Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
$1.911 billion worth of SOL transferred

According to Whale Alert monitoring, 11,040,253 SOL (US $1,911,291,365) was transferred from an unknown wallet to another unknown wallet.
cointelegraph ·

LayerZero identifies over 800K addresses in sybil self-reporting phase
DeFi TVL exceeds $95 billion again

According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.
An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet

According to Arkham monitoring, someone accidentally sent 90% of their BTC assets to Satoshi Nakamoto's wallet address last night. They were trying to swap Ordinal for PupsToken, but ended up sending almost their entire wallet balance - about $7,000 worth of BTC.
USDC circulation increased by 200 million in the past 7 days

According to official data, within the 7 days ending on May 16th, Circle issued 1.8 billion USDC, redeemed 1.6 billion USDC, and the circulation increased by 200 million. The total circulation of USDC is 33.2 billion US dollars, and the reserve is 33.4 billion US dollars, of which 3.8 billion US dollars are in cash, and Circle Reserve Fund holds 29.6 billion US dollars.
Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%

Phoenix Group, a listed mining company and blockchain technology provider for Bitcoin, released its Q1 financial report, with the following main points: