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Reading: KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month
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Your Crypto News Today > Exchange > KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month
Exchange

KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

July 11, 2025 4 Min Read
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KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

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  • Audit Confirms Full Asset Backing with Surplus Reserves
  • Multi-Chain Transparency and Business-Normal Auditing
  • World Chief in Digital Asset Integrity

World crypto trade KuCoin has accomplished a brand new unbiased Proof of Reserves (PoR) audit, which was carried out by the main blockchain safety agency Hacken.

With this newest milestone, the platform has now achieved a formidable 32 consecutive months of publishing these PoR stories. The transfer reinforces KuCoin’s long-standing dedication to monetary transparency and constructing person belief.

Audit Confirms Full Asset Backing with Surplus Reserves

Within the newest audit, KuCoin demonstrated that it holds greater than sufficient crypto belongings to cowl all person liabilities throughout supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are:

  • Bitcoin (BTC): 110%
  • Ethereum (ETH): 110%
  • Tether (USDT): 114%
  • USD Coin (USDC): 112%

Particularly, for each 1 BTC customers have deposited, KuCoin holds 1.1 BTC in its reserves. The report reveals KuCoin obtained 9,392 BTC from customers however maintains a stability of 10,312 BTC. Equally, for Ethereum, clients deposited 137,240 ETH, however the trade holds 150,539 ETH.

These figures affirm that KuCoin is sustaining important over-collateralization of its person deposits. This observe serves as a key safeguard in an trade that has typically been criticized for opaque accounting practices.

Multi-Chain Transparency and Business-Normal Auditing

The audit carried out by Hacken spanned greater than 30 blockchain networks, together with main chains like Ethereum, Solana, TON, and zkSync. It additionally included complete verification strategies corresponding to:

  1. Customized digital signatures
  2. Ship-to-self transactions
  3. Anonymized legal responsibility snapshots

Hacken verified KuCoin’s full management over all listed wallets and reported no discrepancies or shortfalls. The affirmation additional validates the platform’s asset claims and operational integrity.

The audit is a part of KuCoin’s broader $2 billion Belief Undertaking, a long-term initiative targeted on enhancing safety, transparency, and self-verifiability. KuCoin customers can now confirm the trade’s reserves instantly on-chain via instruments accessible on the platform’s Proof of Reserves web page.

BC Wong, CEO of KuCoin, emphasised the corporate’s dedication to trust-building, saying the audit not solely validates the corporate’s dedication to safeguarding person belongings but in addition displays its broader imaginative and prescient of constructing a safe and inclusive platform for all.

World Chief in Digital Asset Integrity

Based in 2017, KuCoin serves over 41 million customers worldwide, providing a complete ecosystem that features wallets, buying and selling, wealth administration, funds, and AI-powered instruments.

The corporate has obtained accolades from Forbes and Hurun, reinforcing its popularity as one of many trade’s most user-focused platforms. KuCoin continues to set the benchmark via unbiased auditing, on-chain verification, and proactive safety investments.

Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version isn’t liable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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