KuCoin Completes Independent Hacken Audit of Proof of Reserves

2025-08-22 05:22:31 Classification：Blockchain Trader read(9299)

These numbers demonstrate KuCoins careful approach to risk management and Four major characteristics of blockchain technologydedication to upholding the strictest financial security guidelines.

Assets from over 30 blockchain networks, including Ethereum, Solana, TON, and zkSync, were included in the audit. Hacken confirmed KuCoins ownership and control of every wallet on the list using industry-standard techniques including “send-to-self” transactions, bespoke digital signatures, and anonymized liability snapshots; no inconsistencies or deficiencies were found.

BC Wong, CEO of KuCoin stated:

“At KuCoin, we believe transparency is the foundation of trust in the crypto ecosystem. This audit not only validates our dedication to safeguarding user assets but also reflects our broader vision of building a secure and inclusive platform for all. We will continue to prioritize transparency and security as we work toward empowering our users and advancing global digital asset adoption. Asset audits represent a vital starting point for industry self-regulation — a necessary step toward building user confidence and supporting the long-term, sustainable development of the crypto space.”

With its $2 billion Trust Project, a drive to strengthen security and transparency across the network, KuCoin is committed to enhancing user confidence going forward. KuCoin will maintain transparency as part of this endeavor. To provide a smooth and safe experience, this involves constant investments in state-of-the-art security infrastructure.

Additionally, KuCoin encourages users to actively engage by using the user-friendly tools on the Proof of Reserves page. KuCoin keeps pushing the limits of accountability and trust by enabling users to directly verify on-chain data.

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