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Proof-of-Reserves
90% of WazirX's User Assets Are in Binance Wallets, According to Proof-of-Reserves Report
"We are not only India's largest crypto exchange by volume but also India’s largest crypto cxchange by reserves," a WazirX blog post said.
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
Users can now view and download the old and new reserve ratios and self-assess the exchange's health and safety of their assets, OKX said.
SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ
Having proof of reserve reports is not enough information for an investor, according to Paul Munter, the SEC's acting chief accountant.
Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security
Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.
Binance Losing Auditing Partner Mazars Leaves Crypto Questions Unanswered
Auditing firm Mazars, which had published a proof of reserves report for Binance and other exchanges, on Friday cut ties with clients in the crypto industry.
On-Chain Data Shows Binance Isn't Exhibiting ‘FTX-Like’ Behavior: CryptoQuant
Binance is not the next FTX, according a report from CryptoQuant. The analytics firm points to on-chain data to support claims made in a recent audit that Binance is over-collateralized. This comes as Mazars, the auditing firm working with Binance and other crypto exchanges on proof-of-reserves statements, has paused all work for crypto clients. CryptoQuant Senior Analyst Julio Moreno shares his insights.
Auditing Firm Mazars Pauses Proof-of-Reserves Work for Crypto Clients
Mazars said it had concerns about how the reports were understood by the public.
