Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

Quick Summary:

Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant.

This procedure allows clients to confirm that their account balances are fully backed by onchain assets.

The latest attestation, which became available on November 1, 2024, covers a total value of over $21.

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Article Details

Category: Crypto

Markets: Japan

Topics: Kraken News Bytes - 5 News Bytes Proof of Reserves

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:30:47 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 9 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23429207

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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