Shiba Inu ($SHIB), Polkadot ($DOT), and More Added to Binance’ | CryptoExplorer ✪

Shiba Inu ($SHIB), Polkadot ($DOT), and More Added to Binance’s Proof of Reserves Verification System
The meme-inspired cryptocurrency Shiba Inu ($SHIB) and the native token of the “blockchain of blockchains” Polkadot ($DOT) have been added, along with other tokens, to Binance’s Proof of Reserves verification system. Binance’s Proof of Reserves system essentially allows users to verify through a cryptographic tool called a Merkle Tree to verify that the cryptocurrency has their assets in reserve, backing their deposited funds on the platform. Read more