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Proof-of-Reserves
Let’s Actually Commit to Proofs of Reserve This Time, OK?
Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.
Crypto Lender Celsius Taps Horizen for 'Proof-of-Reserves' Proof of Concept
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead.
Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds
Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters.
