Generative Data Intelligence

Tag: Coinfloor

Provable Solvency Report #60 – March 2019

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report every month. Coinfloor is proud to have the longest standing track record among bitcoin exchanges in regards to auditing.

Today we are publishing our 60th monthly Provable Solvency Report with step-by-step validation instructions for your convenience.

As of today, Coinfloor holds a total of 4,532.9639 XBT on behalf of our clients. You are invited to verify that your held bitcoins are included in this balance by following the instructions below.


What does the Provable Solvency Report include?


We started out by creating an obfuscated report of all current client balances (the Solvency Report) and then generated a SHA-256 hash of this report.

We then created a bitcoin transaction to ourselves, that includes all currently held client bitcoins, for a value of 4,671.9570 XBT. The output of the script also includes the OP_RETURN of the SHA-256 hash of the report, proving that at the time of making the solvency report, Coinfloor held all of our clients’ XBT funds. You can verify the amount and details of the transaction on the blockchain.

Key Pieces of information:


Provable Solvency Report #60 (March 19th, 2019):
https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190319.txt

SHA-256 Hash of the Provable Solvency Report: 76317D6B10758EB9D3ED459482323FD5C7F1AAD5841C6C0C98C26CF4036FB143

Transaction ID: 64289aa946d94298a796e4c0769cc8b9b5bda180c6060d7efa6e867f86fcaad1

View the transaction here:
https://explorer.bitcoin.com/btc/tx/64289aa946d94298a796e4c0769cc8b9b5bda180c6060d7efa6e867f86fcaad1

Your API authentication cookie:
You will find it in My Account > Dashboard in the Coinfloor signed in view, in the API section (visible only for fully verified accounts).

Instructions for Validating Solvency Report:

1. Open the Provable Solvency Report file:

https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190319.txt

2. Go to

https://passwordsgenerator.net/sha256-hash-generator/ or to your SHA256sum calculating application.

Copy the entire contents of the solvency report (including any leading or trailing spaces or blank lines) into the SHA-256 generator and calculate the SHA-256 hash of the report.

3. Go to

https://explorer.bitcoin.com/btc/tx/64289aa946d94298a796e4c0769cc8b9b5bda180c6060d7efa6e867f86fcaad1

Click on the `SHOW ADVANCED` switch to view the OP_RETURN, where you will find the hash generated in the previous step matches the hash in the OP_RETURN output script of the transaction that includes all customer bitcoins.

Instructions for finding your account balance within the Solvency Report:

1. Go to

your local SHA1sum application

to calculate the SHA-1 digest of a message consisting of the timestamp shown at the top of the Solvency Report (1552992078) and your API authentication cookie.

Example (Linux):

    timestamp: 1552992078

    API authentication cookie (API Key): 9BTa7M0Z/Mrk6tFMJwEkTV3BQek=

    command: echo -n ‘15529920789BTa7M0Z/Mrk6tFMJwEkTV3BQek=’ | sha1sum

(the command may differ depending on the SHA1sum application used)

2. Find the resulting hash in the solvency report. Your balance is shown on that line in satoshi units. 1 bitcoin = 100 000 000 satoshis. For your convenience, here is a link to a bitcoin unit converter:

https://www.satoshi.24ex.com

We believe that this approach is the best way to achieve maximum accountability whilst retaining privacy for our clients. We welcome your feedback and hope that in time, other exchanges will also help safeguard client funds by providing proof of solvency reports to their users on a regular basis.

Thank you for your trust,

Coinfloor Team

Provable Solvency Report #59 – February 2019

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report every month. Coinfloor is proud to have the longest standing track record among bitcoin exchanges in regards to auditing.

Today we are publishing our 59th monthly Provable Solvency Report with step-by-step validation instructions for your convenience.

As of today, Coinfloor holds a total of 4,317.9491 XBT on behalf of our clients. You are invited to verify that your held bitcoins are included in this balance by following the instructions below.


What does the Provable Solvency Report include?


We started out by creating an obfuscated report of all current client balances (the Solvency Report) and then generated a SHA-256 hash of this report.

We then created a bitcoin transaction to ourselves, that includes all currently held client bitcoins, for a value of 4,319.8729 XBT. The output of the script also includes the OP_RETURN of the SHA-256 hash of the report, proving that at the time of making the solvency report, Coinfloor held all of our clients’ XBT funds. You can verify the amount and details of the transaction on the blockchain.

Key Pieces of information:


Provable Solvency Report #59 (February 27th, 2019):
https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190227.txt

SHA-256 Hash of the Provable Solvency Report: 95D273CBBA0FCCCC53BDE91AF6891A95C4BC3793A4DDCBE93CD352CA036A95D4

Transaction ID: 2b51089d23f9d9d8f062213310814e4c8d6bb85f8647492aae2b19f6c2abe0c7

View the transaction here:
https://explorer.bitcoin.com/btc/tx/2b51089d23f9d9d8f062213310814e4c8d6bb85f8647492aae2b19f6c2abe0c7

Your API authentication cookie:
You will find it in My Account > Dashboard in the Coinfloor signed in view, in the API section (visible only for fully verified accounts).

Instructions for Validating Solvency Report:

1. Open the Provable Solvency Report file:

https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190227.txt

2. Go to

https://passwordsgenerator.net/sha256-hash-generator/ or to your SHA256sum calculating application.

Copy the entire contents of the solvency report (including any leading or trailing spaces or blank lines) into the SHA-256 generator and calculate the SHA-256 hash of the report.

3. Go to

https://explorer.bitcoin.com/btc/tx/2b51089d23f9d9d8f062213310814e4c8d6bb85f8647492aae2b19f6c2abe0c7

Click on the `SHOW ADVANCED` switch to view the OP_RETURN, where you will find the hash generated in the previous step matches the hash in the OP_RETURN output script of the transaction that includes all customer bitcoins.

Instructions for finding your account balance within the Solvency Report:

1. Go to

your local SHA1sum application

to calculate the SHA-1 digest of a message consisting of the timestamp shown at the top of the Solvency Report (1551279877) and your API authentication cookie.

Example (Linux):

    timestamp: 1551279877

    API authentication cookie (API Key): 9BTa7M0Z/Mrk6tFMJwEkTV3BQek=

    command: echo -n ‘15512798779BTa7M0Z/Mrk6tFMJwEkTV3BQek=’ | sha1sum

(the command may differ depending on the SHA1sum application used)

2. Find the resulting hash in the solvency report. Your balance is shown on that line in satoshi units. 1 bitcoin = 100 000 000 satoshis. For your convenience, here is a link to a bitcoin unit converter:

https://www.satoshi.24ex.com

We believe that this approach is the best way to achieve maximum accountability whilst retaining privacy for our clients. We welcome your feedback and hope that in time, other exchanges will also help safeguard client funds by providing proof of solvency reports to their users on a regular basis.

Thank you for your trust,

Coinfloor Team

Coinfloor lists Ethereum to Pound Sterling pair

We are happy to announce our ETH/GBP trading pair is now live on our exchange. This follows a thorough review of guidance from regulators and Ethereum meeting our internal cryptocurrency listing requirements. Please click here (and choose ETH/GBP from the trade pair drop-down)  to see the current orderbook.

Ethereum deposit and withdrawal fees and limits are as follows:

Asset Deposit fee Minimum deposit amount Withdrawal fee Minimum withdrawal amount
Ethereum (ETH) 0.0000 ETH 0.0500 ETH 0.0200 ETH 0.1000 ETH


Separately, as a a reminder, if you would like to buy or sell over £100,000 worth of any top 10 cryptocurrency then please submit an enquiry form to receive a very competitive OTC (Over The Counter) quote.

The Coinfloor Team

image

Provable Solvency Report #58 – January 2019

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report every month. Coinfloor is proud to have the longest standing track record among bitcoin exchanges in regards to auditing.

Today we are publishing our 58th monthly Provable Solvency Report with step-by-step validation instructions for your convenience.

As of today, Coinfloor holds a total of 4,309.4410 XBT on behalf of our clients. You are invited to verify that your held bitcoins are included in this balance by following the instructions below.


What does the Provable Solvency Report include?


We started out by creating an obfuscated report of all current client balances (the Solvency Report) and then generated a SHA-256 hash of this report.

We then created a bitcoin transaction to ourselves, that includes all currently held client bitcoins, for a value of 4,312.1176 XBT. The output of the script also includes the OP_RETURN of the SHA-256 hash of the report, proving that at the time of making the solvency report, Coinfloor held all of our clients’ XBT funds. You can verify the amount and details of the transaction on the blockchain.

Key Pieces of information:


Provable Solvency Report #58 (January 28th, 2019):
https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190128.txt

SHA-256 Hash of the Provable Solvency Report: 7953449A3037AE8D9A61276C844F3B54D53DBBB6C96CD2AD974420894B7BDAF3

Transaction ID: 6e2d4e7d2cd86c43e59ab43a057a740eb4498d5560b6b53b1fbd7740b27e666e

View the transaction here:
https://explorer.bitcoin.com/btc/tx/6e2d4e7d2cd86c43e59ab43a057a740eb4498d5560b6b53b1fbd7740b27e666e

Your API authentication cookie:
You will find it in My Account > Dashboard in the Coinfloor signed in view, in the API section (visible only for fully verified accounts).

Instructions for Validating Solvency Report:

1. Open the Provable Solvency Report file:

https://s3-eu-west-1.amazonaws.com/provablesolvency/solvency_20190128.txt

2. Go to

https://passwordsgenerator.net/sha256-hash-generator/ or to your SHA256sum calculating application.

Copy the entire contents of the solvency report (including any leading or trailing spaces or blank lines) into the SHA-256 generator and calculate the SHA-256 hash of the report.

3. Go to

https://explorer.bitcoin.com/btc/tx/6e2d4e7d2cd86c43e59ab43a057a740eb4498d5560b6b53b1fbd7740b27e666e

Click on the `SHOW ADVANCED` switch to view the OP_RETURN, where you will find the hash generated in the previous step matches the hash in the OP_RETURN output script of the transaction that includes all customer bitcoins.

Instructions for finding your account balance within the Solvency Report:

1. Go to

your local SHA1sum application

to calculate the SHA-1 digest of a message consisting of the timestamp shown at the top of the Solvency Report (1548680160) and your API authentication cookie.

Example (Linux):

    timestamp: 1548680160

    API authentication cookie (API Key): 9BTa7M0Z/Mrk6tFMJwEkTV3BQek=

    command: echo -n ‘15486801609BTa7M0Z/Mrk6tFMJwEkTV3BQek=’ | sha1sum

(the command may differ depending on the SHA1sum application used)

2. Find the resulting hash in the solvency report. Your balance is shown on that line in satoshi units. 1 bitcoin = 100 000 000 satoshis. For your convenience, here is a link to a bitcoin unit converter:

https://www.satoshi.24ex.com

We believe that this approach is the best way to achieve maximum accountability whilst retaining privacy for our clients. We welcome your feedback and hope that in time, other exchanges will also help safeguard client funds by providing proof of solvency reports to their users on a regular basis.

Thank you for your trust,

Coinfloor Team

Coinfloor Bitcoin Exchange Review

May 2018 update – Coinfloor continues to be one of the leading GBP bitcoin exchanges, and since this review has expanded to also...

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?