• Sat. Mar 25th, 2023



Bitfinex revealed information about reserves


Aug 15, 2022

Bitfinex revealed information about reserves

Bitfinex Technical Director Paolo Ardoino shared information about the balance of hot and cold wallets of Bitcoin-Birzhi. The estimated value of the platform reserves exceeded $ 5 billion.

2/@Bitfinex Also Developed in the Past An Opensource Library Called Antani: Proof of Solvency, Custody and Off-Chain Delegated Proof of Vote.https: // t.Co/x1fdivnwuf
We Plan to Revive it and have a way for users to crpyographically verify their Balances Respecting Their Privacy.

– Paolo Ardoino 🍐 (@paoloardoino) november 11, 2022

According to Ardoino, among other things, Bitfinex stores:

  • 204 338 BTC ($ 3.44 billion at the rate at the time of writing);
  • 2018.5 L-BTC ($ 34 million);
  • about 1000 BTC on Lightning Network ($ 16.8 million);
  • 1 225 600 ETH ($ 1.54 billion).

Ardoino also recalled the Antani library with an open source created in 2018. Bitfinex intends to revive the project to provide users with the opportunity to check their balance sheets.

Previously, the information about the reserves was shared by the Bitcoin-Birzh Huobi. Hot and cold wallets store assets worth https://gagarin.news/news/grayscale-will-sue-the-regulator-because-of-the-refusal-to-convert-gbtc-to-etf/ $ 3.5 billion.

Recall, the Binance cryptocurrency exchange has opened data on reserves against the background of the FTX crisis.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.

Leave a Reply

Your email address will not be published. Required fields are marked *