Crypto.com Publishes Portion of Its Cold Wallet Addresses for Transparency

Fazzaco learnt that Crypto.com published the cold wallet addresses for some of the largest assets on its platform on Friday, including Bitcoin, Ether, ERC20 and other cryptocurrencies.

The exchange, however, explained that these assets "represents only a portion of our reserves". According to the press release, the cold wallets contain about 53,024 BTC and 391, 564 ETH, which combined with other assets totals approximately USD 3 billion of its reserve.

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"Restoring trust in our category will take time, but it's incumbent on us to send a strong message to the world that there are trustworthy crypto platforms," Crypto.com said.

The exchange also promised to provide "a full audited Proof of Reserves in the next couple of weeks, confirming full 1:1 reserve of all customer assets".

Wallet Addresses List:

• BTC:

bc1qpy4jwethqenp4r7hqls660wy8287vw0my32lmy

3LhhDLBVWBZChNQv8Dn4nDKFnCyojG1FqN

3QsGsAXQ4rqRNvh5pEW55hf3F9PEyb7rVq

bc1qr4dl5wa7kl8yu792dceg9z5knl2gkn220lk7a9

bc1q4c8n5t00jmj8temxdgcc3t32nkg2wjwz24lywv

14m3sd9HCCFJW4LymahJCKMabAxTK4DAqW

• ETH, ERC20, and more:

0x72A53cDBBcc1b9efa39c834A540550e23463AAcB

0x7758e507850da48cd47df1fb5f875c23e3340c50

0xcffad3200574698b78f32232aa9d63eabd290703

0x6262998Ced04146fA42253a5C0AF90CA02dfd2A3

On Wednesday, Binance also released a list of its cold wallets and reserves. The top exchange further stated that it would share its Merkle tree proof-of-funds in the coming weeks.

The crypto system has been widely wreaked by the bankruptcy of Sam Bankman-Fried's FTX. Following that, Crypto.com halted flow of two SOL-based stablecoins, USDC and USDT. Crypto lender BlockFi suspended withdrawals. In addition, many companies had its capital trapped on FTX.