Cryptocoins News / The Cointelegraph - 1 year ago
The zk-SNARKs upgrade is expected to significantly improve the security and transparency of the verification process. On Feb 10, cryptocurrency exchange Binance announ...
Cryptocoins News / EthereumWorldNews - 1 year ago
Tether reported a $700 million profit in the last quarter of 2022.The USDT issuer no longer holds commercial paper in its reserves.& The latest attestation report from its auditor revealed that the firm’s assets exceeded its liabilities.&a...
Cryptocoins News / The Cointelegraph - 1 year ago
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million. Tether, the issuer of...
Cryptocoins News / The Cointelegraph - 1 year ago
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million. Tether, the issuer of...
Cryptocoins Exchanges / Binance - 1 year ago
Noticed this video on youtube. As I perceive it, Binance does not concern BNB tokens at will. They're mined by the node operators. Should we be nervous concerning the state of affairs described within the video? https://www.youtube.com/watch?v=xPz9bk...
Cryptocoins News / CoinJournal - 1 year ago
Binance is allegedly working to fix the “error”.
The crypto exchange released a proof of collateral report for all 94 Binance-pegged tokens, or B-Tokens.
Data suggested the Binance wallet holding the exchange’s own token reserves a...
Cryptocoins News / The Cointelegraph - 1 year ago
According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges. Crypto exchange OKX disclosed $7.5 billion in...
Cryptocoins News / Finance Magnates - 1 year ago
<p>OKX, a
major crypto exchange formerly known as OKEx, has published an enhanced version
of its proof of reserves (<a href="https://www.financemagnates.com/tag/proof-of-reserves/" target="_blank" rel="follow"&g...
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...