Texas is looking for ways to avoid the next FTX scenario, by requiring proof of reserves for every registered crypto exchange.
If you’re a crypto user, you may have recently heard about the importance of Proof of Reserves in the wake…
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.
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