KuCoin Strengthens User Trust with New Proof of Reserves Audit

KuCoin, one of the world’s major cryptocurrency exchanges, has completed a fresh audit of its reserves . The audit was carried out by Hacken, a respected blockchain security company. As announced on July 10, Hacken confirmed that KuCoin holds more than enough assets to cover all customer funds. This recent audit move shows that the company is serious about being honest and protecting its users. It also helps build more trust and safety in the crypto world. KuCoin Shows Clear Transparency Across Blockchain Networks The latest audit confirmed that KuCoin continues to operate with full transparency across a wide range of blockchain networks. More than 30 networks were reviewed during the process, including well-known platforms such as Ethereum (ETH), Solana (SOL), TON, and zkSync. The audit checked all the important areas needed to prove KuCoin’s financial health. Furthermore, the results showed that KuCoin has more than enough funds to cover all user assets under management. Reportedly, the company had extra reserves for major cryptocurrencies like Bitcoin (BTC), Ethereum, USDT, and USDC as of the end of June 2025. Each of these had a strong reserve ratio above one to one, which shows KuCoin is managing risk carefully and is in a strong financial position. KuCoin Marks 32 Months of Trust with Flawless Reserve Audit This is not the first time KuCoin has completed a proof of reserves report. This is the 32nd month in a row that KuCoin has shared this type of transparency report.. This consistency demonstrates a long-standing commitment to operating with complete openness and protecting customer assets at all times. In the recent audit, Hacken confirmed that KuCoin controls all the wallets and funds it examined. The audit followed careful technical steps to ensure everything was accurate and secure. The auditors revealed that no customers’ funds were missing, and no problems were found. This proves that KuCoin’s systems are working properly. Pushing Forward with Trust Project To build more trust in the future, KuCoin is moving forward with its Trust Project . This big plan is meant to make the platform even safer and more open. The project is a large-scale effort that adds stronger security tools and improved systems to keep users safe. The exchange will also keep sharing its proof of reserves reports and make it easier for users to see and check their data on the blockchain. Users are encouraged to use the tools on the exchange’s proof of reserves page. These tools help people see how their assets are kept safe. By offering this kind of open access, KuCoin is setting a strong example and helping create a safer crypto world for all. The post KuCoin Strengthens User Trust with New Proof of Reserves Audit appeared first on TheCoinrise.com .

Source: The Coin Rise