Binance Creates An Open-Source Proof-Of-Reserves System
Binance has developed a proof-of-reserves (PoR) system that is faster and less expensive for exchanges to run because it is ...
Tag: proof of reserves
Binance’s proof of reserves raises concerns
A number of concerns have been raised about the corporate structure, bitcoin liabilities, and internal control effectiveness. According to accounting ...
Crypto.com commits to proof-of-reserves after freezing some deposits and withdrawals
The CEO of Crypto.com stated, "We agree with the opinion that it should be required for crypto platforms to publicly ...
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