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.
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Why Proof of Reserves is a critical piece of infrastructure for any custodial services built on top of Bitcoin.
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.
After becoming the "MicroStrategy of Asia", Metaplanet launches Bitcoin proof of reserves.
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 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.
OKX releases its 28th Proof of Reserves (PoR) report, revealing $28.1 billion in assets backing customer funds.
The newest snapshot shows the updated data highlights an increase of reserves to 186% up from its commitment of 100%.
Tether expects over $1 billion in Q1 revenue, but concerns about reserve guarantees persist amidst regulator pushback.
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.
The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.
OKX has published its third monthly Proof of Reserves (PoR) report, disclosing $7.2 billion held by the exchange.
DailyCoin talks to Mayur Kamat about what is on Binance's priority list this year.
Continue reading Binance Head of Product: Real World Uses Cases May Trend in 2023 at DailyCoin.com.
DailyCoin talks to Mayur Kamat about what is on Binance's priority list this year.
Continue reading Binance Head of Product: Real World Use Cases May Trend in 2023 at DailyCoin.com.
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 […]
The Proof-of-Reserve report revealed that OKX has always maintained a 1:1 customer-fund ratio reserve.
Mazars, the accounting giant, have now suspended all work to provide Proof-of-Reserves reports for crypto exchanges.
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 […]
In response to the increasing call for transparency, CoinMarketCap has launched a proof-of-reserve feature.
A new report from the Bitcoin Policy Institute discusses why the industry needs to adopt proof of reserves following the bankruptcy of FTX exchange.
Gate.io and Crypto.com, seem to be falsifying their proof of reserves.
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