ChainCatcher news, according to the official Huobi HTX website, Huobi HTX has updated the Merkle tree asset proof data for March 2025. The data shows that the reserve ratios of major mainstream assets have fully exceeded 100%, ensuring the long-term protection of user asset security.The specific updated reserve ratios are: BTC (101%), ETH (101%), TRX (105%), USDT (102%), HTX (105%), XRP (101%), DOGE (100%), SOL (101%).As one of the earliest platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 29 consecutive months, continuously strengthening transparent management. Users can visit the "Assets - Reserve Proof Report" page on the Huobi HTX official website at any time to view the monthly updated reserve proof reports and understand the platform's financial status in real-time.By regularly disclosing reserve data, Huobi HTX continuously enhances transparency and security standards, solidifying the foundation of user trust while promoting the healthy and orderly development of the industry. The platform's financial strength is robust, consistently fulfilling its long-term commitment to safeguarding user asset security.

ChainCatcher news, Binance CEO Zhao Changpeng tweeted that the crypto industry will be more transparent than the traditional financial industry. The Merkle tree proof of reserves is coming soon. (source link)

ChainCatcher news, cryptocurrency derivatives exchange Deribit has disclosed its asset holdings and will release a Merkle Tree proof of reserves for its reserve assets.According to the wallet snapshot update from Deribit on November 12 at 00:00, it holds 50,600 bitcoins, 516,200 ethers, and 476,000 SOL in its wallet, with third-party custodial assets including 6,500 bitcoins, 8.48 ethers, and 152,000 SOL. (source link)

ChainCatcher message, OKX official tweeted: "It is crucial for all major cryptocurrency exchanges to publicly share their auditable merkle tree reserve proofs or POF. We plan to release ours in the coming weeks (within 30 days). This is an important step in establishing baseline trust in the industry." (source link)