Many crypto exchanges worldwide were rushing to publish proof of reserves to reassure investors their assets were safe in the wake of the FTX meltdown. A round-up of some popular exchanges seems to di...
Tag: proof
Gate.io highlights its 3-year 100% proof of reserves journey
Following another major crypto exchange collapse, user concerns around the solvency, security, and stability of crypto exchanges have reignited, leading to discussions regarding exchange reserves. As ...
Euro Skeptics Want Proof Its Rally Goes Beyond the Dollar
(Bloomberg) — Investors caught off-guard by the euro’s sharp recovery from a two-decade low remain skeptical the rally has legs. Most Read from Bloomberg Helped by a massive selloff in the dolla...
Bybit and Huobi Rush to Publish Proof of Reserves
Bybit and Huobi have joined the ranks of major crypto exchanges that have publicly provided their proof of reserves. The collapse of cryptocurrency exchange FTX and its affiliated companies have trigg...
LBank to Publish an Auditable Merkle Tree and Proof of Reserves
The 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 gav...
US CBDC Proof of Concept Sees Big Banks Team Up With Fed
There has been some movement in the lethargic halls of America’s central bank regarding a CBDC. A number of banking giants have come together with the Federal Reserve to work on the project. Several p...
Crypto Exchanges Committing To Proof Of Reserves, Will It Build Trust?
The recent debacle of the FTX crypto exchange, coupled with the fiasco that took place with Terra earlier this year, disrupts the level of confidence among the crypto community. The major takeaway fro...
Binance lags behind Coinbase, Kraken and Gate.io in proof of reserves initiative – crypto.news
On November 8, Changpeng Zhao — the CEO of the world’s leading crypto exchange, Binance — suggested that cryptocurrency exchanges should provide proof of reserves. Still, his exchange ended up not bei...
Will these 7 exchanges’ ‘proof of reserves’ meet the call for transparency
The downfall of FTX has induced fear among investors and traders alike. Thanks to growing distrust of crypto-exchanges, a number of them have taken steps to incorporate more transparency in their oper...
What Is Proof of Reserves and Can It Build Back Trust?
The collapse of platforms such as FTX, Celsius, BlockFi, Voyager Digital and Hodlnaut has instilled deep skepticism in centralized custodians — especially those whose don’t directly derive revenue fro...
Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves
On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts linked to FTX...
Crypto Exchange ‘Proof of Reserves’ Not Calming Investor Fears
Crypto exchanges are trying to prevent a liquidity crisis by proving there is no liquidity crisis. It doesn’t seem to be working. After FTX went under, crypto exchanges Crypto.com and OKX created so-c...
Kraken, Coinbase and Gate.io publish proof of reserves with liabilities
Prominent crypto exchanges Kraken, Coinbase and Gate.io became the first exchanges to publish proof-of-reserves, including liabilities, as part of their audits. Following the collapse of the FTX, Bina...
Ethereum Moving from Proof of Work to Proof of Stake
The global blockchain market is set to be valued at $23.3 billion by 2023. No wonder cryptocurrencies are steadily gaining prominence across the world. Their decentralized nature, rising value, and ...
Why LINK investors might be sitting on a goldmine thanks to proof of reserve
LINK’s velocity and supply in smart contracts dropped significantly in the last five days However, LINK held in smart contracts grew substantially during the last four weeks It is often difficult to f...
Binance’s CZ Cautions Investors Over Proof of Reserves by Exchanges
Exchange News Crypto.com’s CEO said that the mentioned transactions were, in fact, inadvertent. Huobi has also issued a statement referencing the transfer to an institutional investor. After the FTX c...
The Next black Swan Event?: Gate.io and Crypto.com Seem to be Fabricating Proof of Reserves
Following the demise of FTX, the crypto community is particularly worried that some crypto exchanges, such as Gate.io and Crypto.com, seem to be falsifying their proof of reserves. The failure of Samu...
Gate.io and Crypto.com Appear to Be Faking Proof of Reserves
In light of the recent FTX implosion, the crypto community is concerned that some crypto exchanges like Gate.io and Crypto.com appear to be faking their reserves. Community concerns were triggered whe...
Are Crypto Exchanges Faking Proof Of Reserves? CZ Warns Investors
In the light of FTX crash, Binance CEO CZs initiative to disclose proof of reserves has forced other market players to do the same. While, exchanges have started declaring their proof of funds, crypto...
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ong...
Bitfinex CTO Shares Proof of Reserves Following FTX Turmoil
10 seconds ago | 2 mins read Exchange News Ardoino published Bitfinex’s proof of reserves on GitHub. Bitfinex has also released an open-source library in June 2018 named Antani. Transparency about the...
LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF) – Press release Bitcoin News
press release 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 conce...
LBank announces publishing of an auditable Merkle tree and Proof of Reserves (POF)
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 ...
Crypto.com Reveals Partial Proof Of Reserves To Dispel Insolvency Rumors
Crypto.com, has become the latest crypto exchange to publish partial “Proof of Reserves,” amid the downfall of rival exchange FTX. As fear of crypto contagion from the FTX meltdown spreads, Kris, CEO ...
Gate.io makes its Merkle Tree Proof of Reserves (PoR) Solution Open-Source
Advertisement     Gate.io, in partnership with Aramanino LLP, has made its Merkle Tree Proof of Reserves solution, this being the second successful audit. The two firm...
LBank Announces To Publish of an Auditable Merkle Tree & Proof of Reserves (POF)
9 seconds ago | 3 mins read Press Release 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...
crypto.com proof of funds is published and we found a surprising stat
Crypto exchange Crypto.com has released a statement stating the number of digital assets that the company holds. According to the statement, the exchange acknowledged the situation of the market comin...
In Light of the FTX Collapse, Team Behind Chainlink (LINK) Offers a Proof of Reserve Solution
The team behind Chainlink (LINK) says the decentralized oracle network is offering a service that can address the transparency issues in the crypto industry after the recent FTX fiasco. According to C...
Dogechain To Support Proof of Stake (PoS) In Its Next Upgrade
Crypto Live News Amidst FTX collapse, the Dogechain team has announced that they are planning to upgrade the network which will support Proof of Stake consensus mechanism. This comes just three months...
Crypto.com To Show Proof Of Reserves, Crypto Daily TV 11/11/2022
In Todays Headline TV CryptoDaily News: Indonesia plans to tighten oversight of crypto market. Indonesia plans to move the regulation, supervision and oversight of cryptocurrency investments to the Fi...
Will Publish Audited Proof of Reserves
In the wake of the week’s events, leading exchange and crypto services provider Crypto.com will publish audited proof of reserves. We share the belief that it should be necessary for crypto platforms ...
Crypto.Com to Publish Its Audited Proof Of Reserves As Transparency Concerns Rock Exchanges ⋆ ZyCrypto
Advertisement     In what appears to be the new trajectory amid the downfall of giant crypto exchange FTX, Crypto.com has become the latest exchange to promise its cus...