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OKX Latest Proof of Reserves Shows Exchange Over-collateralized
30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT
Central Bank Group Unveils Data Project Mapping Crypto Transfers
4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project
Binance Sale of USDC for BTC and ETH Raises Fresh Concerns In Latest Proof-of-Reserves Report
8.8.2023
Binance's latest proof-of-reserves (PoR) report has come under scrutiny following its depleting USDC reserves after the collapse of Silvergate Bank.
The report released on Aug 1 to show transparency in the exchange’s dealings with user assets has sparked arguments across social media spaces...
Bitget reserves top $1.44B, claims to be debt free
13.7.2023
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report
Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out
5.7.2023
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify
OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City
30.6.2023
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
Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill
19.5.2023
The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.
HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
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 an independent auditor.” Industry...
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
27.4.2023
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
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...
OKX latest proof-of-reserves reveal $8.9B in assets
21.3.2023
Lennix Lai, managing director of Global Institutional at OKX spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry
US accounting watchdog warns investors about proof-of-reserve reports
9.3.2023
The warning was issued after crypto exchanges jumped into the trend of providing PoR reports to assure users after the FTX debacle
Is crypto winter almost over? Surviving the unknown months
9.3.2023
Like every market cycle, this crypto winter will eventually end
Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
9.3.2023
Proof-of-reserve reports routinely touted by crypto firms to assure customers that their financial transactions are in secure hands shouldn’t be trusted, according to the U.S. organization that oversees auditing standards
Binance Expands Proof of Reserves Report with 11 New Tokens - Here Are the Coins That Were Added
8.3.2023
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion.
In a Tuesday blog post, the world's largest crypto exchange revealed that it has added MASK, ENJ, WRX, GRT,...
OKX: Proof of Reserves is Future of CEX industry
27.2.2023
It's opening morning at London's Blockchain Economy Summit - the UK's largest gathering of crypto and blockchain companies. And Centralised Exchanges are a hot topic.
In the aftermath of the collapse of FTX - conference debate is centring on the future of the CEX sector.
Shaping the debate...
MEXC Global publishes proof of reserves after month long testing
23.2.2023
The report showed high reserve ratios for USDT, USDC, BTC, and ETH
Chainlink, TrueUSD Start Real-Time ‘Mint Lock’ Verification of Stablecoin Reserves
22.2.2023
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
20.2.2023
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi
Binance upgrades Proof of Reserves verification to include zk-SNARKs
10.2.2023
The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process