Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
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Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

CoinGape

2022-11-19 20:43:10

Grayscale Says ‘No’ To Proof-Of-Reserves; Here’s Why

Grayscale Says ‘No’ To Proof-Of-Reserves; Here’s Why

After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ. CEO of Binance first floated the idea of Proof-Of-Reserves. However, Grayscale a digital asset investment firm cited security concerns and has refused to reveal its on-chain proof of reserves. Grayscale’s Security Concerns On Friday afternoon, The post Grayscale Says ‘No’ To Proof-Of-Reserves; Here’s Why appeared first on CoinGape .

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