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Proof-of-Reserves
Binance Hires UK-Based Accounting Firm Grant Thornton to Advise on Audits
The crypto exchange was previously dropped by auditing firm Mazars which had been helping the firm with a proof-of-reserves report.
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
Central Bank Group Unveils Data Project Mapping Crypto Transfers
The new data source could underpin future crypto regulations, according to the German-Dutch central bank project.
Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out
Projects like TrueUSD and Paxos are turning to Chainlink to give users transparency into their reserves, but their numbers remain difficult to verify.
OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to make sure it won't go the same way as FTX.
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide-ranging panel discussion at Consensus 2023, a quartet of senior crypto industry executives discussed what's next in the digital asset market's evolution.
Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
Proof-of-reserve reviews aren’t audits, says the Public Company Accounting Oversight Board, and investors shouldn’t count on them.
Chainlink, TrueUSD Start Real-Time ‘Mint Lock’ Verification of Stablecoin Reserves
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD.
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.
OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’
The report shows reserves are largely spread among bitcoin, ether and USDT.
