{"id":48255,"date":"2025-08-18T18:00:18","date_gmt":"2025-08-18T15:00:18","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=48255"},"modified":"2025-08-18T16:45:27","modified_gmt":"2025-08-18T13:45:27","slug":"backpack-exchange-starts-publishing-daily-proof-of-reserves","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/backpack-exchange-starts-publishing-daily-proof-of-reserves\/","title":{"rendered":"Backpack Exchange Starts Publishing Daily Proof of Reserves!"},"content":{"rendered":"

Transparency and trust are becoming increasingly important in crypto exchanges<\/strong>. In line with this, Backpack<\/a> Exchange<\/strong> announced that starting today, it will publish its Proof of Reserves<\/strong> once a day, every day. This move allows investors to have direct insight into the security and liquidity of assets on the platform.<\/p>\n

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Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n

  • Backpack Proof of Reserves Data Will Be Created by OtterSec<\/a><\/li>
  • What is Proof of Reserves and Why Does It Matter?<\/a><\/li><\/ul><\/nav><\/div>\n

    <\/span>Backpack Proof of Reserves Data Will Be Created by OtterSec<\/span><\/h3>\n

    The published Proof of Reserves<\/strong> data will be created and verified by OtterSec<\/strong>. This ensures that users can independently confirm that the assets held by the exchange actually exist and are reported in the stated amounts.<\/p>\n

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    Starting today, Backpack will begin publishing its Proof of Reserves once a day, every day.<\/p>\n

    Built and verified by @osec_io<\/a>. pic.twitter.com\/8rNqeqHsV8<\/a><\/p>\n

    — Backpack \ud83c\udf92 (@Backpack) August 18, 2025<\/a><\/p><\/blockquote>\n