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See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Business

CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
The total holdings of the CryptoCom wallets as of now is $2.84B, with the most popular tokens being BTC, SHIB, ETH, USDT, and USDC amongst others. Their BTC address has around 53,024 Bitcoins currently worth ~$896M. Additionally, their ETH address holds around 391,564 Ether worth ~$503M, with an additional ~$1.39B in ERC-20<\/a> tokens.<\/li>\n<\/ul>\n\n\n\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
\n
The total holdings of the CryptoCom wallets as of now is $2.84B, with the most popular tokens being BTC, SHIB, ETH, USDT, and USDC amongst others. Their BTC address has around 53,024 Bitcoins currently worth ~$896M. Additionally, their ETH address holds around 391,564 Ether worth ~$503M, with an additional ~$1.39B in ERC-20<\/a> tokens.<\/li>\n<\/ul>\n\n\n\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
Crypto.com CEO, Kris Marszalek, had shared<\/a> some of the companies cold wallet addresses<\/a> for the top assets on their platform. \"Please expect a full audited Proof of Reserves from us in the next couple of weeks, confirming the full 1:1 reserve of all customer assets,\" <\/em>he added.<\/li>\n<\/ul>\n\n\n\n\n
The total holdings of the CryptoCom wallets as of now is $2.84B, with the most popular tokens being BTC, SHIB, ETH, USDT, and USDC amongst others. Their BTC address has around 53,024 Bitcoins currently worth ~$896M. Additionally, their ETH address holds around 391,564 Ether worth ~$503M, with an additional ~$1.39B in ERC-20<\/a> tokens.<\/li>\n<\/ul>\n\n\n\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
\n
Crypto.com CEO, Kris Marszalek, had shared<\/a> some of the companies cold wallet addresses<\/a> for the top assets on their platform. \"Please expect a full audited Proof of Reserves from us in the next couple of weeks, confirming the full 1:1 reserve of all customer assets,\" <\/em>he added.<\/li>\n<\/ul>\n\n\n\n\n
The total holdings of the CryptoCom wallets as of now is $2.84B, with the most popular tokens being BTC, SHIB, ETH, USDT, and USDC amongst others. Their BTC address has around 53,024 Bitcoins currently worth ~$896M. Additionally, their ETH address holds around 391,564 Ether worth ~$503M, with an additional ~$1.39B in ERC-20<\/a> tokens.<\/li>\n<\/ul>\n\n\n\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Business

CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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\n
In light of FTXs bankruptcy<\/a>, various exchanges have pledged to provide a Proof-of-Reserves audit to prove that they have the assets they claim to have.<\/p>\n\n\n\n
\n
Crypto.com CEO, Kris Marszalek, had shared<\/a> some of the companies cold wallet addresses<\/a> for the top assets on their platform. \"Please expect a full audited Proof of Reserves from us in the next couple of weeks, confirming the full 1:1 reserve of all customer assets,\" <\/em>he added.<\/li>\n<\/ul>\n\n\n\n\n
The total holdings of the CryptoCom wallets as of now is $2.84B, with the most popular tokens being BTC, SHIB, ETH, USDT, and USDC amongst others. Their BTC address has around 53,024 Bitcoins currently worth ~$896M. Additionally, their ETH address holds around 391,564 Ether worth ~$503M, with an additional ~$1.39B in ERC-20<\/a> tokens.<\/li>\n<\/ul>\n\n\n\n
\n
The analytics<\/a> show that 66.54% of assets are on the Ethereum chain, 31.51% of assets are on the Bitcoin chain, 1.45% of assets are on the BNB Chain, 0.51% of assets are on Polygon's chain, and the rest are split amongst Avalanche and various other chains.<\/li>\n<\/ul>\n\n\n\n
\n
Many exchanges have vouched to reveal proof-of-reserves after Binance's Changpeng \"CZ\" Zhao tweeted<\/a> that \"All crypto exchanges should do merkle-tree proof-of-reserves,\"<\/em> in the aftermath of FTXs downfall which had used users funds as collateral which they then defaulted on causing the previously second largest exchange to file for bankruptcy.<\/li>\n<\/ul>\n\n\n\n
See Related:<\/em><\/strong> From Bad To Good To Worse: The Binance And FTX Saga<\/a><\/p>\n\n\n\n
$\"Crypto.com$
Source: Nansen Portfolio \"Crypto.com\" <\/a><\/figcaption><\/figure>\n","post_title":"CryptoCom Reveals Its $2.8B Asset Portfolio","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cryptocom-reveals-its-2-8b-asset-portfolio","to_ping":"","pinged":"","post_modified":"2023-04-10 18:40:13","post_modified_gmt":"2023-04-10 08:40:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8155","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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Portfolio

Business

CryptoCom Reveals Its $2.8B Asset Portfolio

In light of FTXs bankruptcy, various exchanges have pledged to provide a Proof-of-Reserves audit to prove that they have the ...

by Daniel Stergiou
November 12, 2022

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CryptoCom Reveals Its $2.8B Asset Portfolio

November 12, 2022 - Updated on April 10, 2023

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