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CoinGape

2022-11-09 15:00:24

Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis

Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis

After the liquidity issue of FTX, consumer fears of insolvency have increased, but some of the major cryptocurrency exchanges on the market have reassured that they will soon reveal confirmation of their cash reserves. As reported earlier on CoinGape, CZ, CEO of Binance, initiated this trend when he announced on November 8 that he will The post Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis appeared first on CoinGape .

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