Close Menu
Newsoutnow.comNewsoutnow.com
    Quick Access
    • Bigg-Boss
    • Entertainment
    • High Life
    • Infotainment
    • News
      • Business
      • Sports
      • Technology
    • News Wire
    • Photo Gallery
    • Stars-Wiki
    • Trending
    • World
    Facebook X (Twitter) Instagram
    • About
    • Download the App
    • Contact Us
    Facebook X (Twitter) Pinterest
    Newsoutnow.comNewsoutnow.com
    • Entertainment
    • Infotainment
    • News
      • Sports
      • Business
      • Technology
      • World
    • High Life
    • Trending
    Newsoutnow.comNewsoutnow.com
    Home»News Wire»Bybit Releases Its 29th Proof-of-Reserves Report
    News Wire

    Bybit Releases Its 29th Proof-of-Reserves Report

    PR NewswireBy PR NewswireDecember 24, 20252 Mins Read2 Views
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    DUBAI, UAE, Dec. 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the publication of its 29th Proof-of-Reserves (PoR) snapshot, reflecting data accurate as of Dec. 17, 2025. The report, independently verified by Hacken, confirms that Bybit maintains reserve ratios above 100 percent across all major reported assets, reinforcing its ongoing focus on transparency and user asset protection.
    The latest snapshot highlights Bybit’s continued effort to make solvency verifiable rather than assumed, ensuring that all user liabilities are fully backed by corresponding on-chain assets.Key Highlights (as of Dec. 17, 2025):USDT Reserve Ratio: 102 percent (User Assets: 5.9B USDT | Bybit Wallet Balance: 6.1B USDT)USDC Reserve Ratio: 112 percent (User Assets: 583.5M USDC | Bybit Wallet Balance: 658.4M USDC)BTC Reserve Ratio: 105 percent (User Assets: 59,711 BTC | Bybit Wallet Balance: 63,206 BTC)ETH Reserve Ratio: 101 percent (User Assets: 528,519 ETH | Bybit Wallet Balance: 536,845 ETH)Exceeding the 1:1 Backing StandardBybit’s reserves continue to exceed user holdings, ensuring that all supported assets are fully backed and readily available. Reserve ratios above the 1:1 threshold reflect additional liquidity buffers maintained beyond baseline user obligations.The update reflects a balanced mix of customer holdings and reserve assets, with a consistent commitment to maintaining at least full backing across reported tokens. As Proof of Reserves has become more widely adopted across the digital asset industry, leading centralized exchanges have played a growing role in establishing PoR as a standard transparency mechanism.Bybit updates its reserve snapshots on a regular basis, with independent verification reports published monthly on the Bybit Proof of Reserves page.#Bybit / #CryptoArk  / #ProofofReservesAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: media@bybit.comFor updates, please follow: Bybit’s Communities and Social MediaDiscord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeLogo – https://www.newsoutnow.com//wp-content/uploads/2025/12/Logo-21.jpg

    View original content:https://www.prnewswire.co.uk/news-releases/bybit-releases-its-29th-proof-of-reserves-report-302648809.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSLK, an Altimetrik Company named Major Contender in Everest Group’s Application Transformation Services for AI-enablement PEAK Matrix® Assessment 2025
    Next Article REPLUS marks seven years of growth as an integrated clean energy and electric mobility company
    PR Newswire
    PR Newswire

    PR Newswire is a distributor of press releases headquartered in New York City.

    Next Up For You

    News Wire

    CCTV+: Hello, Beijing! Exploring the City Under China’s 240-Hour Visa-Free Transit Policy

    May 1, 2026
    News Wire

    ADGM Announces Rokos Capital Management’s Abu Dhabi Office Opening Following Authorisation

    May 1, 2026
    News Wire

    Natixis CIB Expands in India with the Establishment of GIFT City Branch

    May 1, 2026
    News Wire

    Deepak Chem Tech Limited enters into agreement to build HyCO plant to secure long-term supply of key raw material for its Polycarbonate Project

    May 1, 2026
    News Wire

    The 6th Asian Beach Games concluded in Sanya, with China topping the medal table

    April 30, 2026
    News Wire

    Amitis Capital Accelerates Digital Asset Capabilities With Samara Alpha Integration

    April 30, 2026
    More Reads

    PFCD Advocates for Insurance Coverage of Robotic Joint Replacement Surgery to Bridge India’s Treatment Gap

    April 30, 2026

    EquiLend Launches Enhanced US Mark-to-Market Solution, Bringing Centralized Pricing and Automated Marking Directly to Its Platform

    April 30, 2026

    Bybit’s Latest Proof-of-Reserves Shows Strong Asset Backing Across Key Holdings

    April 30, 2026

    HNS 2026 | Huawei and Industry Organizations Launch Xinghe AI Full-Scope Security Campus Technical White Paper

    April 30, 2026

    FLEXSYS TO INCREASE PRICES FOR INSOLUBLE SULFUR AND 6PPD

    April 30, 2026

    Wahed Launches First Shariah‑Compliant Single-Family Residential Real Estate Fund for All US Investors

    April 30, 2026

    Applied Intuition Collaborates with Heidelberg Materials to Advance Innovation in Quarry Operations with Autonomous Haulage Fleets

    April 30, 2026
    Facebook X (Twitter) Pinterest RSS
    • About
    • Download the App
    • Contact Us
    © 2026 newsoutnow.com

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