ByBit Launches Merkle Tree-Verified Proof of Reserves
ByBit has joined the ranks of major crypto exchanges such as Binance to publicly provide its proof of reserves.
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ByBit has joined the ranks of major crypto exchanges such as Binance to publicly provide its proof of reserves.
Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page.
Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.
The fall in trust levels prompted various major exchanges to brainstorm ways to prove that they are “safe”.
In the following, I describe two fundamental flaws of existing Merkle Tree proof-of-reserve methods and offer some ideas on how to improve them.
In the last 3 days, Binance and FTX’s war shook the entire crypto industry, concluding with the downfall of FTX.
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