Proof of reserve


Finance

Binance Bitcoin Reserves Slumped $355M in January as User Balances Rose by $4.4B

The ratio of Binance USDT reserves to user balances also dropped significantly.

Richard Teng (Binance)

Finance

OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’

Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi.

(Cleveland Trust Co/Modified by CoinDesk)

Markets

OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’

The report shows reserves are largely spread among bitcoin, ether and USDT.

OKX's proof-of-reserves report shows the exchange has $7.5 billion worth of "clean assets." (Shutterstock)

Videos

SEC Intensifies Scrutiny Over Audits of Crypto Companies: WSJ

The U.S. Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies in an effort to warn investors who may feel assured by audits such as proof-of-reserve reports, according to the Wall Street Journal. "The Hash" panel discusses the industry implications amid increased demand for transparency after FTX's collapse.

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