Cryptocoins News / CoinJournal - 1 year ago
OKX, the second-biggest crypto exchange in the world by trading volume, has introduced three new leading offerings that are giving its clients improved visibility into their assets, greater control over funds, and insight into asset backing, Coin Jou...
Bitcoin News / Bitcoin.com - 1 year ago
What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD.
First and foremos...
by COINS NEWS - 1 year ago
Crypto exchange reserves have been cast into the spotlight following the FTX collapse. The composition of those reserves has also come into question. submitted by /u/witcherycro [link] [comments]
Bitcoin News / Google News Bitcoin - 1 year ago
Grayscale refuses to share proof of reserves due to 'security concerns' as shares trade at a 45% discount to bitcoin& & CNBC
More / Bitcoin Reddit - 1 year ago
The exchange I am using has ensured proof of reserves: "'exchange name' holds all customer assets on a 1:1 basis." I want to gain interest on my crypto while holding which would be a significant amount when I cash out, however, not...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust....
by COINS NEWS - 1 year ago
For a disclaimer this is too much for me to understand or wrap up fully but I want people to be up to date on what's happening, I'll be citing tweets and articles but if someone in the comments can provide more information about the sit...
Cryptocoins News / The Cointelegraph - 1 year ago
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses....
by COINS NEWS - 1 year ago
My emotions about opening the books were pretty straight forward at the beginning. Ok, not opening their books per say but making a first step in showing their reserves. At this point I know and you probably know as well that the numbers didn’t even...
Cryptocoins Exchanges / Kraken - 1 year ago
After the enormous damage served to the crypto ecosystem this past week, we feel a responsibility to detail the standards, operating principles, and values surrounding trust and transparency at Kraken. As a company deeply rooted in crypto values, we...
Bitcoin News / Google News Bitcoin - 1 year ago
Binance Just Moved $2B Bitcoin From Its Proof Of Reserves: What's Going On? - Bitcoin (BTC/USD)& & Benzinga
by COINS NEWS - 1 year ago
Please also check the edit at the bottom for an update regarding lack of proof of reserves on the stables on BNB as well: TLDR: Binance fails to provide adequate proof of reserves for assets in the BNB chain. Binance encourages users to withdra...
by COINS NEWS - 1 year ago
Binance(through CZ) was the company that said that users should get their funds off exchanges. They claimed customer assets are fully backed on Binance. They said you shouldn't trust (other) exchanges and championed proof of reserves. Then...
Cryptocoins News / CoinStats - 1 year ago
The most recent collapse of FTX Exchange, as well as platforms such as Celsius, BlockFi, and Voyager Digital, has resulted in strong disbelief in the liquidity of centralized crypto custodians – and for good reason.&
Definition
Proof-of-res...
Bitcoin News / Bitcoinist - 1 year ago
The recent debacle of the FTX crypto exchange, coupled with the fiasco that took place with Terra earlier this year, disrupts the level of confidence among the crypto community. The major takeaway from the ongoing crisis might be how centralized cryp...
Bitcoin News / Bitcoinist - 1 year ago
Data shows Bitcoin miners have dumped around 7.7k BTC in the last week, resulting in an almost 10% decrease of their reserves in the period.
Bitcoin Miners Withdraw Large Amounts Following The Crash
As per the latest weekly report from Glassnode, the...