Binance: Latest Proof-of-Reserve report paints a bleak picture for the exchange
Binance’s latest POR showed an increase in exchange net balances. BNB has been trading at a loss in the past...
ProofofReserve
Chainlink highlights Proof-of-Reserve as Social Volume spikes: LINK to rise next?
Chainlink saw a spike in its Social Volume recently, taking it to the highest in over six months. LINK saw...
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
A senior official from the United States Securities and Exchange Commission has warned investors to be “very wary” about relying...
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the...
Proof-of-Reserve Isn’t Good Enough, Says Industry
The crypto space is rife with exchanges that have been hacked, lost customer funds, or even ended up being elaborate...
Kraken’s Powell says Binance Proof-of-Reserve is pointless without liabilities
Former Kraken CEO Jesse Powell criticized Binance’s Proof of Reserve, calling it an “ignorant or intentional misrepresentation.”I'm sorry but no....
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
CoinMarketCap (CMC), among the world’s leading crypto price tracking websites, has introduced a proof-of-reserve feature for centralized crypto exchanges in...
Chainlink Touts Proof-of-Reserve as Solution to Crypto Contagion
The crypto contagion has continued this year, with FTX compounding matters this week. This has put the spotlight on transparency,...
Binance Proof-of-Reserve pledge gains support following FTX crisis
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon...
