Huobi's asset transparency report showed the exchange held over 191 million of its own HT token as of Nov. 12. godbole17 reports
Huobi Global, once China's top crypto exchange, published an asset transparency report on Sunday to reassure users that its funds remain safe.
Since then, crypto exchanges worldwide have been scrambling to publish so-called proof of reserves to assure users that their funds aren't being channeled into other investments. On Nov. 10, leading crypto exchange Binance released the list of its cold wallets and reserves, disclosing $69 billion in crypto reserve.
Huobi promised to publish another Merkle Tree Proof of Reserves audit conducted by a third party within 30 days to boost user confidence further.
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