Market Cap: $4,261,453,651,268
24h Vol: $171,152,683,213
Cryptocurrencies: 27557
Markets: 112310
Cryptocurrencies: 27557
Markets: 112310
Market Cap: $4,261,453,651,268     
24h Vol: $171,152,683,213
Decrypt 2022-11-17 22:29:25

Proof of Reserves Isn't a 'Panacea' for Future FTX-Like Collapses, Industry Leaders Caution

Proof of Reserves Isn't a 'Panacea' for Future FTX-Like Collapses, Industry Leaders Caution
Following the epic meltdown of one of the biggest players in crypto, some within the industry are calling for “proof of reserves” to provide greater transparency—but it has its limitations.
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