【BTC38】Reveal cold wallet address to verify exchange balance

[hl5460]

One of the major altcoins exchange in China just released link of cold wallet address of the exchange.

http://www.btc38.com/trade/reserves.html

Below is the balance around 16:00 (GMT+8) 29th April.

BTC:1,595，
LTC: 67,086，
DOGE:3,644,079,467，
PPC: 66,770，
XRP: 94,651,720，
PTS: 249,367，
XPM: 238,028.



796.com has already published their cold wallet address for BTC/LTC

https://796.com/walletPublic

Thoughts?

[hl5460]

btc38冷钱包余额占流通总数排行榜

BTC 38 host over 80% of all APC.

[leopard2]

My thougth that thsi shoudl be standard procedure for any exchange ... and regular audits

[poordeveloper]

I can see 796.com is proving that they control the address, but http://www.btc38.com is not...