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The partnership follows CoinPokers’s recently released proof of reserve (PoR) report, which shows how the platform protects user funds. According to the report, all user deposits are covered 1:1 in cold wallets, with additional reserves in hot wallets to allow instant withdrawal processing.
Through the Proof of Reserve, CoinPoker demonstrates financial integrity by holding sufficient funds to cover all user assets. Harnessing blockchain technology, CoinPoker can show users that their funds are safe and segregated from corporate holdings. At the time of writing, the total deposit by CoinPoker customers is approximately $16.2 million, while the total assets held in reserve to cover these assets are about $16.93 million (equal to 104.5% of the deposits).
Mario Mosböck comes on board as a new official ambassador, joining Patrick Leonard, a British pro. Mario Mosböck’s decision to join CoinPoker is largely influenced by the platform’s decision to increase transparency.
Mario Mosböck is a 28-year-old former player for Wiener Neustädter SC, an Austrian Football club, who recently made a name for himself in both live and online poker space. On CoinPoker, Mario Mosböck plays under the screen name ‘livinmydream’ engaging in high stakes battles of $25/$50 PLO cash games and higher. Mario Mosböck earned over $11.7 million in live tournaments during this period. His notable wins include earning $1.1 million for coming first at the Triton Super High Roller Series in Jeju and $4.6 million for being a runner-up at the 2023 WPT Big One for One Drop.
 
Patrick Leonard earns $19.2 million online and is rated among the best online MTT players in the world. The former PartyPoker ambassador ranks 38th on the Hendon Mob poker database.
CoinPoker is a top crypto poker room and casino ranked by popular sites like Magazine, Card Player, Techopedia, and PokerScout. Launched in 2017, CoinPoker prioritizes security and peace of mind for all its customers. The Curaçao eGaming License licenses the platform, ensuring all operations comply with the set regulatory standards. In addition, CoinPoker uses Fireblockcs vaults and a decentralized RNG (random number generator) software to provide data and funds security. Players can verify the randomness after every hand by utilizing Ethereum’s Keccak-256 algorithm through the software.
CoinPoker allows players to bet using Tether (USDT), which stands out from many conventional Internet poker sites. The platform has also embraced other cryptocurrencies at the poker table, allowing players to deposit Bitcoin, Binance Coin, Ethereum, Polygon, and CHP, the native token on the platform. Reportedly, using CHP unlocks 33% rakeback for holders.
In celebration of the report, CoinPoker has announced an exclusive promotion that grants players free entry into the upcoming $40 GTD Sunday Special tournament. In addition, new players can earn a 150% up to 2000 USDT matching bonus for their first deposit.