According to Beincrypto, Binance has entrusted CryptoQuant to issue a Bitcoin reserve certificate report after the audit agency Mazars announced that it would suspend services to cryptocurrency customers. A CryptoQuant report shows that 97% of Binance’s Bitcoin customer deposits are collateralized by the exchange’s assets, and if you include Bitcoin lent to customers, this proportion rises to 101%. CryptoQuant said that unlike FTX, Binance’s native token (BNB) does not account for a large share of its reserves. Binance does not face problems similar to FTX.