{"id":70013,"date":"2022-11-14T12:26:38","date_gmt":"2022-11-14T10:26:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70013"},"modified":"2025-09-07T23:33:29","modified_gmt":"2025-09-07T20:33:29","slug":"bitfinex-discloses-reserves","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitfinex-discloses-reserves\/","title":{"rendered":"Bitfinex discloses reserves"},"content":{"rendered":"<p>Bitfinex&#8217;s chief technology officer Paolo Ardoino has shared details of the exchange\u2019s hot and cold wallet balances. The estimated value of the platform\u2019s reserves surpassed $5 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">2\/<a href=\"https:\/\/twitter.com\/bitfinex?ref_src=twsrc%5Etfw\">@bitfinex<\/a> also developed in the past an opensource library called Antani: Proof of Solvency, Custody and Off-chain Delegated Proof of Vote.<a href=\"https:\/\/t.co\/X1FdivnwUF\">https:\/\/t.co\/X1FdivnwUF<\/a><br \/>We plan to revive it and have a way for users to crpyographically verify their balances respecting their privacy.<\/p>\n<p>\u2014 Paolo Ardoino \ud83c\udf50 (@paoloardoino\/status\/1591149105279307776?ref_src=twsrc%5Etfw)<\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Ardoino, Bitfinex stores the following:<\/p>\n<ul class=\"wp-block-list\">\n<li>204,338 BTC ($3.44 billion at the time of writing);<\/li>\n<li>2018.5 L-BTC ($34 million);<\/li>\n<li>approximately 1,000 BTC on <a href=\"https:\/\/u1f987.com\/en\/news\/lightning-network-faster-cheaper-bitcoin-transactions\">Lightning Network<\/a> ($16.8 million);<\/li>\n<li>1,225,600 ETH ($1.54 billion).<\/li>\n<\/ul>\n<p>Ardoino also reminded readers of the open-source Antani library, created by the exchange in 2018. Bitfinex intends to revive the project to enable users to verify their balances.<\/p>\n<p>Earlier, information about the reserves <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-discloses-reserves-exchange-holds-assets-worth-3-5-billion\">was shared by the Huobi cryptocurrency exchange<\/a>. Its hot and cold wallets hold assets worth $3.5 billion.<\/p>\n<p>Binance <a href=\"https:\/\/u1f987.com\/en\/news\/binance-discloses-details-of-its-cryptocurrency-reserves\">disclosed<\/a> data on reserves amid <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX crisis<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitfinex&#8217;s chief technology officer Paolo Ardoino has shared details of the exchange&#8217;s hot and cold wallet balances. The estimated value of the platform&#8217;s reserves surpassed $5 billion.<\/p>\n","protected":false},"author":1,"featured_media":70014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[95],"class_list":["post-70013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitfinex"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70013"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70013\/revisions"}],"predecessor-version":[{"id":70015,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70013\/revisions\/70015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70014"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}