KuCoin has finalized its latest Proof of Reserves audit, independently verified by Hacken. The audit confirms that the exchange continues to maintain over 100% of user liabilities across all major assets.
Results of the Proof of Reserves Audit
The audit conducted across more than 30 blockchain networks reported reserve ratios as of June 30, 2025: 110% for Bitcoin (BTC), 110% for Ethereum (ETH), 114% for Tether (USDT), and 112% for USD Coin (USDC).
KuCoin's Commitment to Security and Transparency
According to KuCoin, this audit reflects their firm commitment to transparency and user protection within the crypto ecosystem. It also underscores the platform’s strategy to restore confidence in centralized exchanges following high-profile failures in the industry.
Support for $ZEN Token Contract Swap
KuCoin also announced support for the automatic contract swap for Horizen’s $ZEN token, which will be processed for all holders on the platform.
In conclusion, the completion of the Proof of Reserves audit and the support for new tokens demonstrate KuCoin's dedication to ensuring security and transparency in the cryptocurrency space.
