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Nalezeno "Proof-of-Reserves": 47

Saylor Slams Proof-of-Reserves: ‘It’s Like Publishing Your Kids’ Bank Accounts’

27.5.2025
Warming up for the Bitcoin 2025 conference in Las Vegas, Strategy founder Michael Saylor was asked to weigh in on the concept of proof-of-reserves. Saylor didn’t mince words, dismissing the idea entirely by stating it “dilutes the security” and calling it a flat-out “bad idea.” Saylor’s ‘Bad Idea’...

What are proof-of-reserves audits, and how do they work?

20.3.2025
Key takeawaysPoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated...

Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

5.11.2024
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available...

Coinbase to add proof of reserves to Bitcoin wrapper cbBTC

30.9.2024
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency

Binance Hires UK Accounting Firm Grant Thornton To Advise on Audits

4.9.2024
Binance has hired U.K.-based Grant Thornton to advise on accounting and tax matters, it announced Wednesday

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

25.8.2024
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also...

WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH

19.7.2024
Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen

Bitget reports $700M capital inflow in Q2, adds 2.9M users

11.7.2024
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter

Bybit CEO refutes insolvency rumors, shares proof-of-reserves

23.5.2024
Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them

OKX Latest Proof of Reserves Shows Exchange Over-collateralized

30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT

Central Bank Group Unveils Data Project Mapping Crypto Transfers

4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project

Bitget reserves top $1.44B, claims to be debt free

13.7.2023
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report

Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out

5.7.2023
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify

OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City

30.6.2023
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...

Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree

27.4.2023
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...