idk if anyone mentioned this yet but the latest binance POR frontend doesnt match the provided addresses at all:
usdt por: 29,483,062,748
usdt addresses: 28,542,387,898
eth por: 3,654,921
eth addresses: 3,399,760
@Protos
btc por: 692,488
btc addresses: 691,489
xrp por: 2,541,393,612
xrp addresses: 2,337,126,307
sol por: 24,636,962
sol addresses: 23,861,857
rlusd por: 203,562,524
rlusd addresses: 118,322,792
i mean if they count frozen usdt as reserves then it would somewhat make sense for usdt but assets like eth which weren't frozen as far as i know (in this size), not so much.
@binance
care to explain?
i mean if they count frozen usdt as reserves then it would make sense for usdt but assets like eth not so much. @binance care to explain?
Assuming this isn't bogus numbers like at FTX, Binance has total of 1.9B USD in it's Insurance Funds for Perp's.
Wouldn't be surprised if they are dipping into them now.
@Binance btw your usdc fund is stuck at June 23, pls fix
i was right, this fund was partially used to make users whole :)
xitter.cf/binance/status/2116538…
im curious what that 1st Nov proof of reserve for binance will look like. they either add funds by tomorrow or post <100% reserves 👀
Is Justin Sun mixing HTX’s reserves with Poloniex? protos.com/is-justin-sun-mix…
One of the 4 Binance's Insurance Funds for USDT margined perps is currently going down at a crazy rate and is soon depleted.
Either someone found a loophole to drain it or Binance is withdrawing money themselves. Would be unusual for binance to do it like this over weeks...
Tethers Excess Reserves/Net Equity as percent of Total Reserves at lowest point since Q4 2022.🙃
Backing a Stablecoin with Gold & BTC was always stupid as fuck and greedy. If they crash further from here we will likely see a depeg as institutions will dump Tether imo.
SpaceX $SPCX IPO banks yell ‘buy’ as stock craters protos.com/spacex-ipo-banks-…
From my calculations Tether made a ~3.8 Bil. $ loss on their BTC & Gold holdings in Q2. (assuming they didn't sell any since last attest)
That's a -46% decline on their excess reserves🙃
Symbio retweeted
Musk is way, way worse than a lot of people (myself included) thought. And he's now using his unbelievably large platform to egg on clear threats of violence against "traitors" (political opponents) and "invaders" (immigrants)
It's absolutely mind boggling that HTX/@justinsuntron just keeps serving Russian citizens after the UK sanctions.
...visibly for every one in their public telegram channels.
They don't even try to hide it.
This messages are from yesterday 🙃
@Protos
Symbio retweeted
Saylor: Never sell your bitcoin! Borrow money! Mortgage house! Do whatever you need to buy bitcoin!!!!!!!111111oneoneone
Saylor 2026: We are going to sell our bitcoin… at a loss! Epic strategy.
















