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Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’
23.11.2022
On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed...
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
22.11.2022
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed
Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
20.11.2022
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from...
Billion-Dollar Crypto Fund Grayscale Refuses to Post Proof-of-Reserves – Next Firm to Collapse?
20.11.2022
Crypto investment firm Grayscale has refused to share its proof-of-reserves citing "security concerns." The move has stirred up speculations about the financial health of the company.
In a Saturday tweet, the company said major cryptocurrency exchange Coinbase, which is used by Grayscale...
Proof-of-reserves: Can reserve audits avoid another FTX-like moment?
19.11.2022
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust
Grayscale cites security concerns for withholding on-chain proof of reserves
19.11.2022
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses
Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings
18.11.2022
The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
17.11.2022
Several exchanges, including Binance, have announced plans to integrate proof of reserves in the near future
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
All Custodial Crypto Exchanges Should Adopt Proof-of-Reserve Programs, but Even That Isn’t Enough
13.11.2022
After last week’s FTX debacle, customers who don’t wish to take custody into their own hands should demand far better from their service providers. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
12.11.2022
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen...
LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF)
12.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 12th, 2022 – Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a public statement on November 9th stating...
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
12.11.2022
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
11.11.2022
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet addresses shared are the company’s cold wallets....
Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have
11.11.2022
The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX.
According to the information Binance has revealed so far, the exchange held the following digital assets as of November...
News Summary: Bitfinex & Nansen Proof-of-Reserves, BTC Volatility Hits Yearly Low in October, SEC Gets Support Against Ripple
11.11.2022
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: News Summary: Bitfinex & Nansen Proof-of-Reserves, BTC Volatility Hits Yearly Low in October, SEC Gets Support Against...
Chainlink Labs offers Proof of Reserve service for embattled exchanges
10.11.2022
The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced
Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU Fund
10.11.2022
After disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.” The Binance blog post shares addresses tied to the world’s largest exchange and it notes that as of Thursday, Binance holds...
Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent
10.11.2022
While lesser-known, Giottus is among the top 10 cryptocurrency exchanges in India