Cryptocoins News / CoinJournal - 1 year ago
According to the proof-of-reserves report, OKX’s reserves have a total of $7.5 billion in assets.
The assets are spread between bitcoin (BTC), USDT, and Ether (ETH).
This is the third proof-of-reserve published by OKX exchange.
In its third a...
Cryptocoins News / CoinJournal - 1 year ago
The fall of FTX has led to calls for increased transparency among crypto exchanges. Several centralised exchanges have released proof of reserves to regain public trust. However, it may take more than publishing proof of reserves before customers can...
Cryptocoins News / The Cointelegraph - 1 year ago
The cryptocurrency exchange released its proof of reserves and proclaimed it to be India’s largest exchange both in volume and reserve funds. After the paranoia and t...
by COINS NEWS - 1 year ago
I think we all know the story behind PoR. We all accept that it's mostly useless and even deceptive without liability data. Gate.io was one of the first exchanged to publish proof of reserves, one of the few independently audited proof of reserve...
Cryptocoins News / The Cointelegraph - 1 year ago
According to Cake DeFi, users can now verify both assets and liabilities through its website. Singapore-based decentralized finance (DeFi) services firm Cake DeFi has...
by COINS NEWS - 1 year ago
A little while ago, I made a post not to trust CMC as they clearly manipulate at least some of the data. Long story short, Binance bought CMC and is using it as one of the major token data aggregation sites to boost the reputation of Binance and onbo...
by COINS NEWS - 1 year ago
Dear cryptocurrency community! Today I'm happy to reveal to you all the newest consensus mechanism: Proof of Reserves You might be wondering how this consensus mechanism is different from the others like Proof of Stake or Proof of Work? It is hi...
Cryptocoins News / The Cointelegraph - 1 year ago
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance. Proof of reserves (Po...
Cryptocoins News / CoinJournal - 1 year ago
BitMEX and Kraken crypto exchanges received highest scores for their proof of reserves attestations.
Binance ranked lower for its ‘incomplete’ PoR among other metrics.
Nic Carter says the PoR momentum is good for crypto and a “...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete. Bitcoin advocate Nic Cart...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors. With t...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows investors withdrew a large amount of Ethereum during 2022 as the ETH reserves have fallen by more than 30%.
Ethereum Exchange Reserves Sharply Down This Year
As pointed out by an analyst in a CryptoQuant post, these investors may...
Cryptocoins News / The Cointelegraph - 1 year ago
The exchange’s reserves attestation comes only a month after it released its first one and is intended to promote greater transparency in the crypto industry. Crypto...