A Deep Dive into Binance’s Exchange Balances vs Proof-of-Reserves

With investors on high alert following the FTX crash, crypto exchange Binance has recently been under the spotlight. Mazars, an accounting agency, recently audited Binance’s Proof-of-Reserves report. Some market participants, however, argued that it doesn’t provide true representation of the exchange’s financial situation. Glassnode, an on-chain data source, has delved deeper into the subject, examining The post A Deep Dive into Binance’s Exchange Balances vs Proof-of-Reserves appeared first on Coin Edition .