[Nov 5 10:30 AM] Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets…
[Sep 26 4:05 PM] If we claim to be an improvement on traditional finance, we had better start playing the part. It’s clear how Bitcoin fixes rampant monetary discretion. It’s clear, too, how Bitcoin changes your relationship with money—both financially because…
[Sep 18 2:05 PM] River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of…
[Aug 25 2:20 PM] Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are…
[Jul 23 9:02 AM] Metaplanet Inc., a Japanese public company listed on the Tokyo Stock Exchange, has announced a partnership with Hoseki, a global leader in Bitcoin verification solutions, to launch a Bitcoin proof of reserves system. This collaboration aims to…
[Jul 18 11:11 PM] Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.
[Jul 11 5:35 AM] The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
[Oct 4, 2023 2:00 AM] The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project.
[Jul 5, 2023 9:33 AM] Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify.
[Jun 30, 2023 7:25 AM] Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX.
[May 17, 2023 11:30 PM] Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from…
[Apr 26, 2023 6:02 PM] In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution.
[Mar 28, 2023 12:00 AM] After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million…
[Mar 26, 2023 8:30 AM] 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…
[Mar 9, 2023 7:07 AM] The warning was issued after crypto exchanges jumped on the trend of providing proof-of-reserves reports to ease concerns after the FTX collapse.
[Feb 10, 2023 5:40 AM] Binance, the world’s largest exchange by user count and trading volumes, has upgraded its proof-of-reserve (PoR) verification system, per an update on February 10. Binance Integrates ZK-SNARK In Their PoR Verification System The exchange has…
[Feb 10, 2023 3:30 AM] Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of…
[Feb 3, 2023 4:00 PM] Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts…
[Jan 22, 2023 10:00 AM] After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset…
[Dec 30, 2022 2:49 AM] Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete.
[Dec 26, 2022 1:16 PM] Crypto custodians generate public attestations about their cryptocurrency holdings through proof-of-reserves audits to demonstrate their solvency to depositors.
[Dec 16, 2022 9:30 AM] The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges…
[Dec 13, 2022 12:30 PM] Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been…
[Dec 9, 2022 6:30 PM] This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted…
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