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Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
23.12.2022
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit
The most eco-friendly blockchain networks in 2022
23.12.2022
This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains
Aave DAO Votes to Integrate Chainlink Proof-of-Reserves to Tighten Network Security
22.12.2022
Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...
Proof of Reserves mají potvrzovat, že jsou kryptofirmy v pořádku. Nic ale nedokazují
21.12.2022
Jde u tzv. Proof of Record zpráv skutečně o důkaz, že daná platforma má zajištěná digitální aktiva svých uživatelů?
Ethereum bulls wake up after four years to transfer 22,982 ETH
19.12.2022
The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively
First Mover Asia: Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble
19.12.2022
Kadena CEO Stuart Popejoy on blockchain design: proof of work is a feature, not a flaw
16.12.2022
The former JPMorgan executive shared how he learned to love crypto and why the Kadena is not letting go of its firm embrace of proof of work
CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves
16.12.2022
An on-chain audit of Binance by the blockchain analytics firm CryptoQuant has concluded that Binance’s reserves of bitcoin (BTC) and other major coins “are not showing ‘FTX-like’ behavior at this point.”
In analyzing the numbers, CryptoQuant said it compared Binance’s BTC liabilities, as stated...
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
16.12.2022
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX
Binance proof-of-reserves removed from the auditor's site
16.12.2022
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
16.12.2022
Mazars other clients included Crypto.com and KuCoin
Only 1% of people can handle crypto self-custody right now: Binance CEO
15.12.2022
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange
Investors Not Satisfied with Binance’s Proof-of-Reserves Audit – Next Exchange to Collapse?
12.12.2022
Binance’s proof-of-reserves audit has already raised red flags, with some experts claiming it is far from enough to satisfy worried users.
The so-called proof-of-reserves report was released on December 7 in the form of a 5-page PDF document prepared by the global accounting firm Mazar’s South...
Bybit joins trend, releases Merkle Tree-verified proof of reserves
12.12.2022
The Dubai-based exchange released its reserve wallet addresses shortly after the FTX fiasco began, and now it launched a verification system for users to track its holdings
Bank of England opens applications for 'proof of concept' CBDC wallet
12.12.2022
The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000
Binance's proof-of-reserves raises red flags: Report
11.12.2022
Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern
Crypto.com Crypto Exchange Provides Proof of Reserves After Panic by Investors – Here’s What You Need to Know
10.12.2022
Crypto.com has become the latest cryptocurrency exchange to release its Proof of Reserves data from auditing firm Mazars Group, proving that its clients' assets are fully backed one-to-one.
According to a Friday blog post, auditing firm Mazars conducted the verification process, revealing that...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...