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    Home»Crypto Business»Toobit Releases September Proof of Reserves with Major Assets Above 100%
    September 14, 20260 Views

    Toobit Releases September Proof of Reserves with Major Assets Above 100%

    EditorBy EditorSeptember 14, 2026No Comments3 Mins Read
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    Toobit Releases September Proof of Reserves with Major Assets Above 100%
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    PRESS RELEASE GlobeNewswire
    Sep. 14, 2026, 05:18 AM

    GEORGE TOWN, Cayman Islands, Sept. 14, 2026 (GLOBE NEWSWIRE) — Toobit, the award-winning global cryptocurrency exchange, has released its September 2026 Proof of Reserves (PoR), showing ratios above 100% across major assets.

    The September 1 snapshot recorded BTC at 104%, ETH at 102%, USDT at 106%, and USDC at 105%. All four assets exceed corresponding trader balances with at least 1:1 backing.

    Toobit regularly publishes PoR snapshots to provide greater visibility into assets held on the exchange. Through Merkle-tree verification, traders can independently verify that their balances were included in a specific snapshot.

    This transparency is reinforced by the broader Bee-Safe security system, which includes offline multi-signature cold storage, multi-step withdrawal approvals, data encryption, and continuous threat monitoring. More than 90% of assets held on the exchange are stored in cold wallets.

    Security Backed by Independent Testing

    Toobit holds ISO/IEC 27001:2022 certification for information security management. In August 2026, expanded penetration testing by Hacken across Toobit’s website, API infrastructure, and iOS and Android applications found no Critical or High-severity vulnerabilities. All seven Medium-severity findings identified during the assessment were resolved.

    The Toobit Shield Fund, launched with an initial value of $50 million, provides an additional safeguard for eligible losses resulting from technical or security incidents originating from the exchange.

    The growing value of assets held by exchanges highlights the need for transparency. CoinMarketCap tracked a record $221.9 billion in PoR across eight major exchanges in August 2026, with BTC accounting for approximately $74.6 billion, or 33.6% of the total. Regular disclosures and independent verification help strengthen accountability as these holdings grow.

    Toobit is where the future of crypto trading unfolds. The award-winning cryptocurrency derivatives exchange provides zero-fee spot trading, AI trading tools, and high leverage for both crypto and TradFi markets. Built for those who thrive exploring new frontiers, Toobit maintains a fair, secure, and transparent environment for traders to navigate digital asset markets.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.

    Disclaimer:This sponsored content is provided by the content provider and does not necessarily reflect the views of this media platform or its publisher. The information is shared for general informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency and mining-related activities carry risks, including the potential loss of capital, and readers are encouraged to conduct their own research and seek professional advice where appropriate. Speculate only with funds that you can afford to lose.The media platform and publisher assume no responsibility for any losses or claims arising from reliance on this content. GlobeNewswire does not endorse any content on this page.

    Legal Disclaimer: This article is provided on an “as-is” basis, without warranties or representations of any kind, express or implied. The media platform assumes no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information presented. Any complaints, claims, or copyright concerns related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2230dd07-23f3-4464-9352-bac77fbf9a57

    Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.SHARE THIS POST

    Source: markets.businessinsider.com

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    Proof releases Reserves September Toobit
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