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OKX: Proof of Reserves is Future of CEX industry
27.2.2023
It's opening morning at London's Blockchain Economy Summit - the UK's largest gathering of crypto and blockchain companies. And Centralised Exchanges are a hot topic.
In the aftermath of the collapse of FTX - conference debate is centring on the future of the CEX sector.
Shaping the debate...
MEXC Global publishes proof of reserves after month long testing
23.2.2023
The report showed high reserve ratios for USDT, USDC, BTC, and ETH
Chainlink, TrueUSD Start Real-Time ‘Mint Lock’ Verification of Stablecoin Reserves
22.2.2023
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
20.2.2023
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi
Binance upgrades Proof of Reserves verification to include zk-SNARKs
10.2.2023
The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process
Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs into its Proof-of-Reserves Verification
10.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: PayPal Held $604M in Crypto on Dec. 31, Microsoft Fired its Metaverse Team, Binance Incorporated zk-SNARKs...
Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi
22.1.2023
After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset dashboards is debatable, they do provide some...
OKX Publishes 3rd Proof of Reserves Report, Shows it Holds None of its Native Token as Collateral
20.1.2023
Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major...
OKX declares $7.5B in liquid assets in proof-of-reserves report
19.1.2023
According to blockchain analytics firm CryptoQuant, OKX has the largest clean asset reserves of all the major exchanges
OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’
19.1.2023
Report shows reserves are largely spread between bitcoin, ether, and USDT
WazirX Releases Proof of Reserves, Around 20% of Holdings are in Shiba Inu
11.1.2023
Indian crypto exchange WazirX has released its Proof of Reserves (PoR), sharing wallet addresses and digital asset holdings. Notably, Shiba Inu accounts for the largest proportion of assets on the exchange as over 19% of its holdings are in the form of the meme coin....
Read More: WazirX Releases...
WazirX releases proof of reserves with majority of funds in Binance wallets
11.1.2023
The cryptocurrency exchange released its proof of reserves and proclaimed to be India’s largest exchange both in volume and reserve funds
90% of WazirX's User Assets are in Binance Wallets, According to Proof Of Reserves Report
11.1.2023
Indian exchange WazirX in its proof of reserves report revealed that 90% of its user assets are held in Binance wallets
Cake DeFi publishes Merkle tree-based Proof of Reserves
4.1.2023
According to Cake DeFi, users can now verify both assets and liabilities through their website
Proof of reserves is becoming more effective, but not all its challenges are technical
31.12.2022
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance
Nic Carter dives into proof-of-reserves, ranks exchange attestations
30.12.2022
Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete
What are proof-of-reserves audits, and how do they work?
26.12.2022
Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors
Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges
23.12.2022
According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter...
Crypto exchange OKX releases second proof of reserves
23.12.2022
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
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
23.12.2022
Users can now view and download the old and new reserve ratios and assess the exchange's health and the safety of their assets