Proof of Reserves Is Not Proof of Solvency: The 100.25% Fragility of Binance's Merkle Tree
The ledger does not lie, only the noise obscures. But there is a more insidio...
Wallets
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CryptoFox
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2026-08-06
#Merkle Tree
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202622
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
12
05
halving
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Block reward halving event
30
04
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Celestia Mainnet Upgrade
Improves data availability sampling efficiency
18
03
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Team and early investor shares released
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All →
1
Bitcoin
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$80,826.6
1
Ethereum
ETH
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1
Solana
SOL
$103.77
1
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BNB
$716.9
1
XRP Ledger
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$1.45
1
Dogecoin
DOGE
$0.0873
1
Cardano
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$0.2220
1
Avalanche
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$7.49
1
Polkadot
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$0.8740
1
Chainlink
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$11.95
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