As sentiment in the crypto space has soured for many in recent months amid scandal and bankruptcies, the exact impact that will have on a publicly traded stalwart in the space remains to be seen. Coin...
Tag: proof-of-reserves
Binance Market Share Bounces Back, BNB Price Consolidating
After a tumultuous few weeks in the wake of FTX’s collapse and an unexpected surge in withdrawals, Binance has recovered its market share. The largest crypto exchange is back to holding about 80...
Are Exchanges Falling Short on Proof of Reserves Efforts?
Various so-called proof-of-reserves reports by crypto exchanges following the collapse of FTX are misleading, industry participants said, as assuring the solvency of a centralized crypto firm may only...
Binance Shows ‘Proof’ It Has All Your Bitcoin — Critics Aren’t Sold
Binance sought to quell concerns over its solvency with a “proof of reserve” report last week, but industry insiders and other pundits say the figures don’t do enough. The top crypto exchange by trade...
Grayscale won’t share proof of reserves, citing ‘security concerns’
Crypto investment firm Grayscale won’t show proof of reserves after bitcoin and ether products fall to new all-time lows. “Due to security concerns, we do not make such on-chain wallet inf...
Looking into Proof-of-Reserves of Major Exchanges
November 18, 2022, 8:54AM EST • 6 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. After the fall of FTX, the crypto community has publ...