Search
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?
9.11.2022
Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao.
Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would "soon" start to do proof-of-reserves, arguing that:
"All crypto exchanges...
Crypto Exchanges Scramble to Compile 'Proof-of-Reserves' as FTX Contagion Grips Markets
9.11.2022
Seven crypto exchanges said they will publish proof of their reserve holdings in the next month
Binance Proof-of-Reserve pledge gains support following FTX crisis
9.11.2022
The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures
The First Exchange to Conduct a Proof-of-Reserves Audit in Crypto Industry, Gate.io Starts its Second Third-party Audit
6.7.2022
Gate.io has announced that it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100% collateral, Gate.io...
Yield App Passes ‘Proof of Reserves’ Audit to Bolster Safety and Accountability of Deployed Digital Assets
31.3.2022
PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted...
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
11.11.2020
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins
Crypto Lender Celsius Taps Horizen for ‘Proof of Reserves’ Proof of Concept
30.10.2020
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead