Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Bybit Brings Its New Financial Platform Vision to Hong Kong FinTech Week 2026

    October 30, 2026

    WSOT 2026 Is Live: Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

    October 29, 2026

    Ondo Intelligent Portfolios Lineup Expands to Solana

    October 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Bybit Brings Its New Financial Platform Vision to Hong Kong FinTech Week 2026
    • WSOT 2026 Is Live: Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI
    • Ondo Intelligent Portfolios Lineup Expands to Solana
    • Talos Names Kelly Ye as Head of Research to Expand Institutional Digital Asset Data and Insights
    • Robinhood shares slide as crypto revenue falls 55%
    • Bybit Partners with XAUE Protocol to Offer 2.83% Fixed APR on XAUT Savings
    • MEXC and Hacken Launch AI Trading Safety Handbook to Promote Safer AI Adoption
    • Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.05 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $15 Billion
    • Home
    • Contact Us
    Afro CoinnewsAfro Coinnews
    • AI

      Meta introduces Muse Wonder AI models for complex tasks

      October 13, 2026

      Apple’s revolutionary AI integration propels stock to new heights

      June 12, 2024

      OpenAI and News Corp. ink historic deal to enhance AI journalism

      May 23, 2024

      Data centers drive AI, crypto, pose climate risk

      April 20, 2024

      Meta platforms ramps up AI arsenal in bid for industry lead

      April 19, 2024
    • Bitcoin & Altcoins

      Bitcoin climbs to weekly high near $84,500 as crypto rebounds

      October 22, 2026

      Bitcoin near $84,000 as 5% Treasury yields lift bond appeal

      October 12, 2026

      Risky crypto bets wiped out as Bitcoin drops below 84k

      October 8, 2026

      Bitcoin tops $75,000 for the first time since May in crypto surge

      August 22, 2026

      Bitcoin derivative liquidations hit 70 million in 24 hours

      August 1, 2026
    • Blockchain & DeFi

      THORChain halts trading after vault breach

      May 18, 2026

      Bybit confirms $1.4 billion hack targeting Ethereum cold wallet

      February 21, 2025

      Google Cloud’s web3 portal launch sparks debate in crypto industry

      April 28, 2024

      Crypto trader Avi Eisenberg found guilty of $110m fraud

      April 18, 2024

      Fear and hope as Binance leaves Nigerian market

      March 11, 2024
    • Business

      Cardano price falling after Bitcoin drops under 81000 mark

      October 9, 2026

      Cybersecurity consultant convicted in Pokemon card heist

      October 8, 2026

      CRX Trade launches brokerage for crypto traditional markets

      October 7, 2026

      Korea crypto economy leads in East Asia with 449 billion

      October 7, 2026

      European Commission puts MiCA crypto framework under review

      July 10, 2026
    • Ethereum & NFTs

      Hong Kong ETF market makes waves with debut of crypto funds

      April 30, 2024

      Manchester City and Okx launch digital collectibles for global fans

      April 23, 2024

      Ethereum surges past $3,600 mark amidst strong trading activity

      April 8, 2024

      Ether’s value could see significant upswing after Bitcoin halving

      April 6, 2024

      Ethereum’s price flirts with $3k threshold amid bearish sentiment

      April 3, 2024
    • FinTech

      Robinhood shares slide as crypto revenue falls 55%

      October 28, 2026

      Binance expands trading pairs with four new launches in September

      September 3, 2024

      Ripple releases another 1 billion XRP as market questions grow

      September 3, 2024

      Rakeez Financial secures $2M seed round led by CoreVision

      March 15, 2024

      Trampay gets $250K from Potencia Ventures, boosts Brazil gig economy

      March 11, 2024
    • Gaming

      Immutable unveils $50 million Web3 gaming rewards program

      April 26, 2024

      ViewSonic unveils XG272-2K-OLED, redefining gaming visuals

      April 2, 2024

      Animoca Brands, KACST forge alliance for web3 hub in Riyadh

      March 11, 2024

      Hitachi LG data storage redefines console gaming storage

      February 28, 2024

      Sony’s stock plummets by $10 billion as PS5 sales forecast dips

      February 19, 2024
    • Partner Content

      Bitget Launches CFD Copy Trading as Demand for Cross-Market Exposure Accelerates

      April 24, 2026

      Bitget Signals Next Phase of Exchanges With TradFi Integration

      March 13, 2026

      Bitget Expands Into TradFi, Bringing Multi-Asset Trading to MENA Users

      February 23, 2026

      Dollar Cost Averaging (DCA): The Smart Crypto Investment Strategy Using Bybit’s Trading Bots

      December 18, 2025

      Stablecoins Emerge as a Key Financial Hedge Against Inflation Across Africa

      December 18, 2025
    • Policy

      Russia to ban direct peer-to-peer crypto trades from July 2027

      October 23, 2026

      Greece plans crypto capital gains tax lowering rates to 10

      October 9, 2026

      MiCA deadline reshapes Europe’s crypto market

      June 26, 2026

      Housing bill adds CBDC ban with crypto stock focus

      June 25, 2026

      China extends crypto ban to stablecoins and tokenized assets

      February 9, 2026
    Afro CoinnewsAfro Coinnews
    Home » Bybit Releases Latest Proof-of-Reserves Report, Adding 10 Tokens as Mainstream Asset Value Hit $19.6 Billion
    PR Newswire

    Bybit Releases Latest Proof-of-Reserves Report, Adding 10 Tokens as Mainstream Asset Value Hit $19.6 Billion

    September 30, 2026
    Share Facebook Twitter WhatsApp Pinterest Copy Link LinkedIn Tumblr Email Telegram

    DUBAI, UAE, Sept. 30, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has added new 10 tokens to its Proof-of-Reserves (PoR) coverage with the release of its 40th PoR report, which reflects asset balances as of September 23, 2026. The report shows the reported value of mainstream assets reaching $19.6 billion, up from $18.1 billion in the 39th report in August.

    The tokens joining Bybit’s September PoR report are SUI, PUMP, LIT, CAP, SPX, ZEREBRO, XPL, USDTB, PENGU, and ZRO. Bybit selects tokens for its PoR disclosures based on meaningful assets under management (AUM), with the current report covering the 50 highest-AUM tokens on the platform. This approach keeps the disclosure aligned with where user assets are concentrated.

    The report, released on September 23, 2026, was independently verified by HACKEN. The snapshots and audited report show that reserve ratios for all 50 in-scope tokens were at or above 100%, including key assets such as USDT, USDC, BTC and ETH, indicating that user liabilities were fully backed by on-chain holdings.

    Reserve positions strengthened across major assets compared with the 38th report published in July. The USDT reserve ratio rose to 110% from 105%, with wallet holdings exceeding user assets by roughly 364 million USDT. The USDC ratio increased to 223% from 174%. ETH edged up to 103% from 102%, while BTC held steady at 104%. 

    Ten tokens are newly added with reserve ratios between 101% and 125%, led by XPL at 125% and LIT at 121%.

    Key Metrics (as of September 23, 2026 at 03:00 UTC)

    • USDT Reserve Ratio: 110% (~3.96 billion USDT in wallet backing ~3.59 billion USDT in user assets)
    • USDC Reserve Ratio: 223% (~748.3 million USDC in wallet backing ~334.8 million USDC in user assets)
    • BTC Reserve Ratio: 104% (58,721 BTC in wallet backing 56,131 BTC in user assets)
    • ETH Reserve Ratio: 103% (570,018 ETH in wallet backing 551,868 ETH in user assets)

    As institutional and retail participation in digital assets continues to grow, proof of reserves has become a baseline transparency measure across the industry. Bybit’s 40th Proof-of-Reserves report offers an independently verified view of reserve balances and user liabilities, giving added visibility into the exchange’s custody and solvency position.

    Reserve balances and verification records are published on Bybit’s Proof-of-Reserves page and updated on a recurring basis.

    About Bybit

    Bybit is The New Financial Platform.

    We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

    Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

    Built for everyone. Powered by intelligence. Open to the world.

    Learn more at Bybit.com.

    For more details about Bybit, please visit Bybit Press 
    For media inquiries, please contact: media@bybit.com 
    For updates, please follow: Bybit’s Communities and Social Media

    Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/bybit-releases-latest-proof-of-reserves-report-adding-10-tokens-as-mainstream-asset-value-hit-19-6-billion-302894243.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    Bybit Brings Its New Financial Platform Vision to Hong Kong FinTech Week 2026

    October 30, 2026

    WSOT 2026 Is Live: Registration Opens for Bybit’s World Series of Trading, With a Prize Pool of Up to 10 Million USDT Across Crypto, Stocks, and AI

    October 29, 2026

    Ondo Intelligent Portfolios Lineup Expands to Solana

    October 29, 2026
    Latest News

    Robinhood shares slide as crypto revenue falls 55%

    October 28, 2026

    Russia to ban direct peer-to-peer crypto trades from July 2027

    October 23, 2026

    Bitcoin climbs to weekly high near $84,500 as crypto rebounds

    October 22, 2026

    Meta introduces Muse Wonder AI models for complex tasks

    October 13, 2026

    Bitcoin near $84,000 as 5% Treasury yields lift bond appeal

    October 12, 2026

    Cardano price falling after Bitcoin drops under 81000 mark

    October 9, 2026

    Greece plans crypto capital gains tax lowering rates to 10

    October 9, 2026

    Cybersecurity consultant convicted in Pokemon card heist

    October 8, 2026
    AI

    Meta introduces Muse Wonder AI models for complex tasks

    October 13, 2026

    Apple’s revolutionary AI integration propels stock to new heights

    June 12, 2024

    OpenAI and News Corp. ink historic deal to enhance AI journalism

    May 23, 2024
    Business

    Cardano price falling after Bitcoin drops under 81000 mark

    October 9, 2026

    Cybersecurity consultant convicted in Pokemon card heist

    October 8, 2026

    CRX Trade launches brokerage for crypto traditional markets

    October 7, 2026
    FinTech

    Robinhood shares slide as crypto revenue falls 55%

    October 28, 2026

    Binance expands trading pairs with four new launches in September

    September 3, 2024

    Ripple releases another 1 billion XRP as market questions grow

    September 3, 2024
    © 2024 Block KSA | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.