Tag: Proof
Proof of reserves is becoming more effective, but not all its challenges are technical
Proof of reserves (PoR) has gone from a buzzword to a roar in recent weeks as the crypto world tries to recover from the shock and losses of the curre [...]
Crypto exchange OKX releases second proof of reserves
Crypto exchange OKX has released its second proof of reserves (PoR) on its website, only a month after releasing its first one.Haider Rafique, chief m [...]
Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in Trouble.
“If the exchange is not using its collateral to borrow money, it doesn't really matter what the clean reserves are. If every customer’s crypto is full [...]
proof of work is a feature, not a flaw
When taking its blockchain public, “there was an adjustment period where we had to learn to love crypto,” Kadena founder and CEO Stuart Popejoy said. [...]
Bybit joins trend, releases Merkle Tree-verified proof of reserves
The cryptocurrency exchange Bybit joins the parade of exchanges in the industry pushing for transparency post the FTX catastrophe.On Dec. 12, it annou [...]
Bank of England opens applications for ‘proof of concept’ CBDC wallet
The Bank of England (BOE) is seeking a “proof of concept” for a wallet that will be able to hold a Central Bank Digital Currency (CBDC).On Dec. 9, the [...]
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
Tether (USDT), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), and Decentraland (MANA) are also included in the report, with each of them ha [...]
Crypto consumer protection, proof of reserves bills introduced into US Congress
United States Congressman Ritchie Torres has introduced bills in the House of Representatives to prohibit misuse of customer funds by cryptocurrency e [...]
US: Burden of proof is on the inflation hawks now – Forex Factory
US: Burden of proof is on the inflation hawks now Forex Factory
news.google.com [...]
Binance publishes official Merkle Tree-based proof of reserves
Two weeks after Binance initially pledged to develop a proof-of-reserve (PoR) mechanism in response to the FTX liquidity and bankruptcy fiasco, it pub [...]
OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves
Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time whe [...]
New York Imposes 2-Year Moratorium on New Proof of Work Mining After Governor Hochul Signs Bill Into Law
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) crypt [...]
Grayscale cites security concerns for withholding on-chain proof of reserves
Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the und [...]
Bank of America Says Crypto Exchanges’ Proof of Reserves Have Too Many Shortcomings
In addition, proof of liabilities is required to determine leverage and the safety of assets, and proof-of-reserve procedures often rely on third-part [...]
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Several exchanges, including Binance, have announced plans to integrate proof of reserves in the near future.
www.coindesk.com [...]