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...
Tag: Reserves
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...
Bitfinex publishes details of reserves after rival FTX files for bankruptcy protection
Bitfinex published details of its reserves on Friday, joining a stream of centralized crypto exchanges increasing their transparency following FTX’s high-profile implosion. The exchange&#...
Crypto.com Reveals $2,800,000,000 in Bitcoin and Altcoin Reserves in Bid for Transparency
The chief executive of a prominent crypto exchange is revealing some of the platform’s reserve assets in a first step towards transparency. Crypto.com CEO Kris Marszalek says that investors can expect...
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 ...
This Exchange Holds 20% of its Reserves in Shiba Inu
The CEO of a popular exchange released a Proof-of-Reserves that reveals the second largest holding of its reserves is in Shiba Inu. The downfall of the FTX exchange, from the second-largest exchange t...
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...
“strong reserves and increase in vouchers “- The Cryptonomist
Today, Tether Holdings Limited, the asset-backed crypto stablecoin, made available its latest quarterly assurance opinion completed by BDO, one of the top five independent public accounting firms in t...
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 discloses partial reserves in bid to counter insolvency rumors
Kris Marszalek tweeted details of Crypto.com’s reserves in a bid to address insolvency rumors. Marszalek said the company holds 53,024 Bitcoin, 391,564 Ethereum, and other crypto assets totaling appro...
Funds Are SHIB? Crypto.com Reserves Are 20% Memecoin
By Jon Rice / November 11, 2022, 10:53 am EST According to a wallet published by Crypto dot com CEO Kris Mars Marszalek on his official Twitter feed, 20% of all reserves at the exchange are held in th...
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...
Centralized exchanges are scrambling in attempts to prove their reserves
Multiple centralized crypto exchanges have indicated over the last few days that they will be offering proofs of reserves, a system through which users will be able to check the amount of funds held o...
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation
Stablecoin issuer Tether Holdings Limited published its latest quarterly attestation on Nov. 10, highlighting the “extremely liquid” nature of its assets at a time when crypto markets were reeling fro...
Binance Commits to Transparency, Reveals $40B in Stablecoin Reserves
Binance is fully committed to transparency, according to CEO Changpeng ‘CZ’ Zhao. It has released details on its cold wallet reserves as proof. On Nov. 10, Binance boss CZ announced that the exchange ...
BNB price movement after Binance reveals $69B in crypto reserves
Binance is the largest cryptocurrency exchange in terms of volume and even features its own native cryptocurrency known as BNB (BNB/USD). BNB is utilized for the process of trading, for the payment of...
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 markets rocked as stablecoin reserves deplete, Curve 3pool concentrated by USDT, 60k BTC leaves Binance, Alameda shorts USDT
Following on from one of the craziest days in crypto history on Nov. 9, the 24/7 crypto markets keep investors busy. Binance released its proof-of-reserves, FTX’s stablecoin balance nears zero, the Cu...
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...
Gate.io Announces It Will Make Its Merkle Tree Proof of Reserves Solution Open-Source
– Advertisement – Majuro, Marshall Islands, 10th November, 2022, Chainwire The cryptocurrency exchange Gate.io has made its Merkle Tree Proof of Reserves solution open-source. Announced ...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens – Bitcoin News
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) prot...
Gate.io Announces It Will Make Its Merkle Tree Proof of Reserves Solution Open Source
November 10, 2022 – Majuro, Marshall Islands The cryptocurrency exchange Gate.io has made its Merkle Tree proof of reserves solution open source. Announced by Gate.io’s founder and CEO Dr. Lin Han tod...
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 ...
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 ...
Bank Run Leaves FTX Reserves In Shambles, What Happens If The Exchange Falls?
The FTX-Binance troubles have continued and there has been a profound impact on the crypto market during this time. While Binance looks to be holding up quite nicely through all of this, the same cann...
Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves
Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Analysts dismiss FTX insolvency fea...
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...
Bitcoin Exchange Reserves Tap 4.5 Year Lows As FTX Concerns Deepen
– Advertisement – A significant amount of Bitcoin left exchange reserves on Monday. A CryptoQuant Quicktake released by CryptoQuant analyst Maartunn yesterday revealed that Bitcoin exchang...
FTX Stablecoin Reserves Dwindle After Binance Promises to Sell FTT
Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday. ETH withdrawals from FTX have also t...
Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems
FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between ...