The collapse of FTX, one of the leading crypto exchanges, sent shockwaves in the digital asset space. With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves conc...
Tag: ProofofReserves
Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis
After the liquidity issue of FTX, consumer fears of insolvency have increased, but some of the major cryptocurrency exchanges on the market have reassured that they will soon reveal confirmation of th...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%
November 9, 2022 – Majuro, Marshall Islands The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party ...
FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves – Bitcoin News
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 t...
Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed…
Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent ...
Binance to start proof-of-reserves; CZ proposes all crypto exchanges follow suit
Binance CEO Changpeng Zhao, or CZ, recently announced that Binance will start proof-of-reserves to support “full transparency.” CZ also suggested that all cryptocurrency exchanges do merkle-tree proo...
Gate.io Proof-of-Reserves attestation shows user asset reserves exceed 100%
The global cryptocurrency exchange Gate.io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findin...
Gate Io Announces Second Audit, After Being First Exchange to Provide Proof-of-Reserves
[PRESS RELEASE – Majuro, Marshall Islands, 6th July 2022] Gate.io has announced it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implemen...
Gate.io Announces Second Audit After Being First Exchange To Provide Proof-of-Reserves
July 6, 2022 – Majuro, Marshall Islands Gate.io has announced it will commence another proof-of-reserves (PoR) audit to provide user verifiable reserves data through a Merkle tree implementation audit...
Gate.io Announces Second Audit, After Being First Exchange To Provide Proof-of-Reserves
Majuro, Marshall Islands, 6th July, 2022, Chainwire Gate.io has announced it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation...
Proof-of-Reserves Audit Shows Kraken Holds $19B in BTC and ETH
Leading cryptocurrency exchange Kraken announced on Thursday the results of a proof-of-reserve audit, showing that it holds over $19 billion worth of Ether (ETH) and Bitcoin (BTC). Almost $20 billion ...
Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether
Kraken on Thursday announced the results of a proof-of-reserves audit showing the crypto exchange held $19 billion in bitcoin and ether. Other crypto assets were not included in the audit. Armanino co...