Reserves

CoinMarketCap Proof of Adding Reserves Not as Sophisticated as the Market Demands

CoinMarketCap Proof of Adding Reserves Not as Sophisticated as the Market Demands

Close up of computer code, like the cryptographic language behind Merkel’s Proofs of Proofs by … [+] Exchanges Getty CoinMarketCap.com, the world’s largest crypto data website, announced via Twitter November 22, the launch of a feature showing Proof of Reserves (PoR) for crypto exchanges. Users of the site’s popular exchange page tables, which received approximately …

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Crypto.com Commits to Providing Proof of Reserves After Halting Certain Deposits and Withdrawals

Crypto.com Commits to Providing Proof of Reserves After Halting Certain Deposits and Withdrawals

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto firm to promise to release “audited proof of reserves”, amid the fall of rival exchange FTX. “We share the belief that it should be necessary for crypto platforms to publicly share proof of reservations,” Marszalek said, adding that his company “will release our …

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