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KuCoin Completes Independent Hacken Audit of Proof of Reserves

  • KuCoin completes a successful Proof of Reserves (PoR) audit conducted by Hacken, covering a wide range of assets across different blockchain networks.
  • The audit confirms that KuCoin's reserves exceed user liabilities with ratios higher than 1:1 for major assets like BTC, ETH, USDT, and USDC.
  • Assets from over 30 blockchain networks were included in the audit, with no inconsistencies found, demonstrating KuCoin's commitment to security and transparency.
  • KuCoin's CEO emphasizes the importance of transparency in the crypto ecosystem, stating that asset audits are crucial for building user trust and supporting the sustainable development of the industry.

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