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Nalezeno "proof-of-reserve": 113

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

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...

Crypto.com releases proof of reserves, showing above 100% for BTC, ETH

9.12.2022
The new disclosure page allows skeptical users to self-verify that their assets are included in the report

Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed

9.12.2022
The examination was done by auditing firm Mazars

Crypto consumer protection, proof of reserves bills introduced into US Congress

7.12.2022
New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare

Today in Crypto: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof of Reserves, Bitget Launches PoR Page & User Self-audit Tool

5.12.2022
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: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof of Reserves, Bitget Launches PoR Page...

Audit firm Mazars to verify KuCoin's Proof-of-Reserves

5.12.2022
Mazars, the former accounting firm for Donald Trump's companies, was hired recently to audit Binance's PoR

Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency Users’ Assets Safeguarded With at Least 1:1 Reserve Ratio

4.12.2022
Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method,...

Binance Hires Former Donald Trump Auditors For Proof of Reserves Effort

2.12.2022
Major crypto exchange Binance has appointed the accounting firm Mazars, which worked for former US President Donald Trump’s company, to assist with its Proof of Reserves (PoR) effort. In order to help assure investors that its coins are covered by reserves, Binance decided to use Mazars to verify...

Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck

2.12.2022
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not...

Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit

28.11.2022
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news

Binance proof-of-reserves is 'pointless without liabilities': Kraken CEO

26.11.2022
According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets

Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon

25.11.2022
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while...