Huobi Injects $200M After Proof of Reserves Exceeds 100%!

The post Huobi Injects $200M After Proof of Reserves Exceeds 100%! appeared first on Coinpedia Fintech News

Huobi’s latest audit report on Proof of Reserves has sparked relief among investors as it reveals that the reserves exceed the 100% mark. This means that all funds deposited with the exchange are backed by assets over the amount held in customers’ accounts. In addition, amidst recent panic among investors, over $200 million has been injected into the exchange, providing additional security for its users. As a result, customers can now enjoy greater peace of mind knowing that their funds can be returned if needed.