Grayscale Says ‘No’ To Proof-Of-Reserves; Here’s Why

After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ. CEO of Binance first floated the idea of Proof-Of-Reserves. However, Grayscale a digital asset investment firm cited security concerns and has refused to reveal its on-chain proof of reserves. Grayscale’s Security Concerns On Friday afternoon, The post Grayscale Says ‘No’ To Proof-Of-Reserves; Here’s Why appeared first on CoinGape .