Tag: ProofofReserves
OKX latest proof-of-reserves reveal $8.9B in assets
The global cryptocurrency exchange OKX released its fifth edition of its proof-of-reserves (PoR) report, which it began releasing in Nov. 2022 in its [...]
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi.
www.coindesk.com [...]
OKX declares $7.5B in liquid assets in proof-of-reserves report
Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin (BTC), Ether (ETH) and Tether (USDT) as part of its monthly proof-of-reserves (PoR) [...]
OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’
Report shows reserves are largely spread between bitcoin, ether, and USDT.
www.coindesk.com [...]
Nic Carter dives into proof-of-reserves, ranks exchange attestations
Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some o [...]
What are proof-of-reserves audits, and how do they work?
With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result [...]
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
Proof of reserves is an audit method adopted by cryptocurrency exchanges in the aftermath of FTX's collapse to prove that the custodian, in this case, [...]
Aave DAO Votes to Integrate Chainlink Proof-of-Reserves to Tighten Network Security
“The focus is more on automatically detecting and acting whenever any symptom of security issues on a bridge appears,” said Ernesto Boado, the former [...]
Binance proof-of-reserves removed from the auditor’s site
Crypto exchange Binance has seen its proof-of-reserve (PoR) audits removed from the auditor Mazars’ website.Mazars’ official website shows they fully [...]
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
"Mazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which include Crypto.com, KuCoin, and Bin [...]
Binance’s proof-of-reserves raises red flags: Report
Binance's efforts to improve transparency of its reserves also exposed red flags in the crypto exchange's finances, according to accounting and financ [...]
Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed
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Audit firm Mazars to verify KuCoin’s Proof-of-Reserves
Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of its Proof-of-Reserves (PoR). According to an announce [...]
Binance proof-of-reserves is ‘pointless without liabilities’: Kraken CEO
The collapse of the crypto exchange FTX revealed the importance of proof-of-reserves in avoiding situations involving the misappropriation of users’ f [...]
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid [...]