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CATEGORY: proof of reserves


Sep 27, 2024 01:25

Proof of Reserves: Show Me the Money, Or It Didnt Happen

Why Proof of Reserves is a critical piece of infrastructure for any custodial services built on top of Bitcoin.

Sep 19, 2024 01:25

River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve

River launched a transparency tool proving it holds over $800 million worth of Bitcoin in full reserve custody. The U.S. exchange aims to rebuild trust after failures like FTX with its new River Proof of Reserves.

Jul 24, 2024 01:25

Japanese Public Company Metaplanet Partners with Hoseki to Launch Bitcoin Proof of Reserves

After becoming the "MicroStrategy of Asia", Metaplanet launches Bitcoin proof of reserves.

Binance Moves $2.36B in Bitcoin: Whats Behind the Massive Transfer?

Author: Arslan Tabish
Estonia
May 03, 2025 02:35

Binance Moves $2.36B in Bitcoin: Whats Behind the Massive Transfer?

A Binance wallet carried out an exchange of 25,177 BTC on April 25th, 2025. The cryptocurrency transaction worth $2.36 billion received widespread interest from the overall market. The substantial wallet transfer inspired doubt, but all evidence points to a change of distribution within Binance’s internal storage system that does not involve external distribution. Binance will […]

OKX Confirms $24.6B in Assets in 29th Consecutive Proof-of-Reserves Report

Author: Shiela Bertillo
Philippines
Apr 03, 2025 02:55

OKX Confirms $24.6B in Assets in 29th Consecutive Proof-of-Reserves Report

OKX has released its 29th proof-of-reserves report, confirming $24.6 billion in assets and over 100% reserve ratios for BTC, ETH, USDT, and USDC.

OKXs 28th Proof of Reserves Report: $28.1B in Assets

Author: Nathaniel Cajuday
Philippines
Mar 05, 2025 02:50

OKXs 28th Proof of Reserves Report: $28.1B in Assets

OKX releases its 28th Proof of Reserves (PoR) report, revealing $28.1 billion in assets backing customer funds.

Mar 03, 2025 02:50

Bitget Updates Proof of Reserves for February 2025, Reserve Ratios Increase to 186%

The newest snapshot shows the updated data highlights an increase of reserves to 186% up from its commitment of 100%.

Mar 28, 2023 07:50

Tether Predicts $700M Profit in Q1 as Demand for USDT Climbs

Tether expects over $1 billion in Q1 revenue, but concerns about reserve guarantees persist amidst regulator pushback.

Continue reading at DailyCoin.

Mar 26, 2023 11:30

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. [...]

The post Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply appeared first on Crypto Breaking News.

US accounting watchdog warns investors about proof-of-reserves reports

Author: Cointelegraph By Ezra Reguerra
United States
Mar 09, 2023 04:40

US accounting watchdog warns investors about proof-of-reserves reports

The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.

Jan 06, 2023 08:45

CoinSwitch Proof of Reserve Released, Company Has 1,083.45 crore of its customers’ assets

The company published its proof of reserves analysis in an effort to provide transparency for its users. It is supported by some of the top investors in the world, including  Tiger Global, Andreesen Horowitz (a16z), and Sequoia Capital. The firm possessed more assets as compared to holdings of its members on its platforms, according to […]

Dec 16, 2022 07:50

Mazars Suspends Audits for All Crypto Exchanges in an Accounting U-Turn

Mazars, the accounting giant, have now suspended all work to provide Proof-of-Reserves reports for crypto exchanges.

Continue reading Mazars Suspends Audits for All Crypto Exchanges in an Accounting U-Turn at DailyCoin.com.

Dec 13, 2022 08:45

Binance Withdrawals Surge Amidst Reports of Red Flags in Binance Proof of reserves Audit

Amidst the ongoing Binance FUD, the crypto exchange saw close to 1.14Billion USD in withdrawals today. Binance founder CZ tweeted and said, he thinks it is a good idea to stress text crypto exchanges in regular intervals. As per Nansan, Binance holds more than 62Billion USD in its reserve. However, some investors are worried and […]

Nov 14, 2022 06:05

Crypto Exchanges Need Proof Of Reserves: Bitcoin Policy Institute Report

A new report from the Bitcoin Policy Institute discusses why the industry needs to adopt proof of reserves following the bankruptcy of FTX exchange.

Nov 13, 2022 08:45

The Next black Swan Event?: Gate.io and Crypto.com Seem to be Fabricating Proof of Reserves

Gate.io and Crypto.com, seem to be falsifying their proof of reserves.

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