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Cryptocurrencies: 30048
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Cryptocurrencies: 30048
Markets: 114324
Market Cap: $2,626,818,653,424     
24h Vol: $92,636,225,157
CoinGape 2022-11-25 22:12:27

Breaking: Kraken CEO Calls Binance ‘Proof Of Reserves’ Pointless

Breaking: Kraken CEO Calls Binance ‘Proof Of Reserves’ Pointless
Kraken’s CEO Jesse Powell has lashed out at Binance, calling its proof of reserves to be pointless as it lacked “proof-of-liabilities”. Following the failure of the cryptocurrency exchange FTX, it was discovered that FTX had loaned out a sizable part of its customers’ assets as per their bankruptcy filings. As a direct result of this, The post Breaking: Kraken CEO Calls Binance ‘Proof Of Reserves’ Pointless appeared first on CoinGape .
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