Crypto.com Releases Audited Proof of Reserves
[ad_1] Crypto.com, which was founded in 2016, has joined the train of cryptocurrency exchanges that have released their Proof of Reserves (PoR) in the aftermath of the collapse of one-time fastest-growing crypto exchange, FTX. Grab your copy of our latest Quarterly Intelligence Report for Q3 2022 before your competitors...
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Binance Launches Proof of Reserves for Bitcoin
[ad_1] Binance, the world’s largest cryptocurrency exchange by trading volume, on Friday launched the Proof of Reserves (PoR) for its Bitcoin (BTC) holdings in its latest show of transparency to reassure customers of its health following the sudden collapse of top cryptocurrency exchange FTX. Take Advantage of the Biggest...
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Grayscale cites security concerns for withholding on-chain proof of reserves
[ad_1] Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products citing “security concerns.” In a Nov. 18 Twitter thread addressing investor concerns, Grayscale laid out information regarding the security and storage...
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Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
[ad_1] The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ongoing fear, uncertainty and doubt (FUD) across the crypto space, crypto exchange Bitfinex revealed its...
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Ethereum Proof Of Work (ETHW) Gains 30%, Is More Upside Coming?
[ad_1] The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the network in its original mechanism, developers had forked the Ethereum network, creating their own token in the process. The ETHW had been launched after the Merge...
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