Bitcoin (BTC) $66,431.72 3.34%
Ethereum (ETH) $1,812.02 8.78%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 73.545051 8.64%
Cardano (ADA) $0.19 12.74%
Chainlink (LINK) $8.46 7.62%
Litecoin (LTC) $46.13 5.05%
Dash (DASH) $39.40 11.48%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.306463 6.29%
X-Cash (XCASH) 2.0E-6 1.83%
Dogecoin (DOGE) $0.00 3.24%

Cryptocurrencies: 29106

Markets: 113161

Market Cap: $2,276,918,584,517

24h Vol: $83,190,496,702

Bitcoinist

2022-11-16 10:29:23

Crypto Exchanges Committing To Proof Of Reserves, Will It Build Trust?

Crypto Exchanges Committing To Proof Of Reserves, Will It Build Trust?

The recent debacle of the FTX crypto exchange, coupled with the fiasco that took place with Terra earlier this year, disrupts the level of confidence among the crypto community. The major takeaway from the ongoing crisis might be how centralized crypto platforms and businesses need transparency, which the current regulatory framework lacks in achieving. To

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