Bitcoin (BTC) $65,601.18 1.87%
Ethereum (ETH) $1,715.70 2.40%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 71.210152 4.44%
Cardano (ADA) $0.18 5.17%
Chainlink (LINK) $8.18 3.47%
Litecoin (LTC) $45.07 2.35%
Dash (DASH) $38.47 7.55%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.299067 -0.14%
X-Cash (XCASH) 2.0E-6 0.00%
Dogecoin (DOGE) $0.00 3.24%

Cryptocurrencies: 29104

Markets: 113082

Market Cap: $2,237,224,679,979

24h Vol: $65,659,684,419

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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