Search
Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’
7.12.2022
This "Merge" will mark the second time in blockchain history that a chain swaps out its old model for proof-of-stake
Crypto consumer protection, proof of reserves bills introduced into US Congress
7.12.2022
New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare
Kentucky to scrutinize contracts offering cheaper electricity to miners
6.12.2022
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities
Today in Crypto: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof of Reserves, Bitget Launches PoR Page & User Self-audit Tool
5.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof of Reserves, Bitget Launches PoR Page...
Swingby Partners With Chainlink To Secure Bitcoin Bridge
5.12.2022
PRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network....
Audit firm Mazars to verify KuCoin's Proof-of-Reserves
5.12.2022
Mazars, the former accounting firm for Donald Trump's companies, was hired recently to audit Binance's PoR
Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency Users’ Assets Safeguarded With at Least 1:1 Reserve Ratio
4.12.2022
Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method,...
Binance Hires Former Donald Trump Auditors For Proof of Reserves Effort
2.12.2022
Major crypto exchange Binance has appointed the accounting firm Mazars, which worked for former US President Donald Trump’s company, to assist with its Proof of Reserves (PoR) effort.
In order to help assure investors that its coins are covered by reserves, Binance decided to use Mazars to verify...
Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck
2.12.2022
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not...
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
28.11.2022
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news
A US Senate hearing will discuss FTX, New York bans proof-of-work and FTX evaluates its assets: Hodler’s Digest, Nov. 20-26
26.11.2022
Binance proof-of-reserves is 'pointless without liabilities': Kraken CEO
26.11.2022
According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving the custodian’s control over the wallets
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
25.11.2022
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while...
Binance publishes official Merkle Tree-based proof-of-reserves
25.11.2022
Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency
CrossTower eyeing further crypto acquisitions outside of Voyager bid
24.11.2022
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse
Casper Association launches $25M grant to support developers on its blockchain
23.11.2022
To complement the launch of its grant program, Casper said it will provide education to support developers and innovators on its network
OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves
23.11.2022
The page includes a “view OKX reserves” option that provides reserve ratios for BTC, ETH, and USDT at a glance
Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’
23.11.2022
On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed...
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
23.11.2022
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have...
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC
23.11.2022
Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also...