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Data: 249,500 SOL transferred from Galaxy Digital to Fireblocks, worth approximately $24.95 million
18m ago
GMX: Approximately 16,800 GMX were repurchased from the open market in the past week
59m ago
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Ethena Labs launched the USDe Proof of Reserves system with participation from multiple institutions for verification.
According to Gate.io News bot, Ethena Labs officially announced the launch of the USDe Proof of Reserves system. This system was created and operated in collaboration with four organizations: Harris & Trotter, Chaos Labs, LlamaRisk, and Chainlink.
Proof of Reserves will be published weekly with verification results. The verification data sources include blockchain data, custodian information, and data provided by exchange partners, and will be independently reviewed by the aforementioned institutions. Ethena Labs also clearly states that the reserve fund assets are not included in the USD value calculation of the USDe backing assets.