Binance's Proof of Reserves Audit 'How I Define Red Flag’
John Reed Stark, a former U.S. Securities and Exchange Commission (SEC) regulator, said that Binance’s recent “proof of reserves” report is how he defines a “red flag.”
decryptJohn Reed Stark, a former U.S. Securities and Exchange Commission (SEC) regulator, said that Binance’s recent “proof of reserves” report is how he defines a “red flag.”
decryptAttested by Mazars Group, Users Can Verify That Their Crypto Assets Are Fully Backed (1:1) on our Platform
OthersA proof of reserves report published by Mazars reveals that Binance has enough assets to satisfy customer withdrawals.
OthersLeading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page.
BitcoinistCrypto sector auditor Mazars found that Binance customers’ Bitcoin deposits were 101% backed as of last month.
cryptopotatoProof-of-Reserves systems allow to combine the transparent nature of blockchains with the comfort of using centralized exchanges.
Crypto BriefingCoinDCX portfolio has SHIB worth over $14 million. It is the third-largest allocation of the portfolio.
BeincryptoGrayscale refused to provide a proof-of-reserve for its Bitcoin citing security risks.
BeincryptoBinance responded, saying that it was a move to a TRX cold wallet.
BeincryptoHuobi and Bybit have publicly provided their proof of reserves to assure investors.
Beincrypto