Texas Passes Bill Requiring Crypto Exchanges to Provide Proof of Reserves Policy & Economy April 24, 2023 Texas is looking for ways to avoid the next FTX scenario, by requiring proof of reserves for every registered crypto exchange.
What is Proof of Reserves? Guides December 26, 2022 If you’re a crypto user, you may have recently heard about the importance of Proof of Reserves in the wake…
Binance Proof-of-Reserves Audit Shows Overcollateralized Holdings News December 9, 2022 A proof-of-reserves report published by Mazars reveals that Binance has enough assets to satisfy customer withdrawals. The auditor calulated Binance’s Merkle Root Hash, and provided customers a way to verify their asset balances on Binance.