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Cryptorank

Category Proof-of-Reserves

Bitwise Adds Proof of Reserves for Bitcoin, Ether ETFs

Bitwise Adds Proof of Reserves for Bitcoin, Ether ETFs

The process involves daily on-chain holdings verification, reconciling balances with the number of fund shares outstanding.
Proof of Reserves: Has Crypto Really Changed Since FTX Collapse?

Proof of Reserves: Has Crypto Really Changed Since FTX Collapse?

Recent Proof-of-Reserves reports from KuCoin, OKX, and others show a new focus on transparency since FTX, but what do these audits really prove? Th...
Michael Saylor Calls Proof-of-Reserves Bad Idea, Sparks Debate

Michael Saylor Calls Proof-of-Reserves Bad Idea, Sparks Debate

Michael Saylor has called proof-of-reserves a risky move, arguing it may jeopardize security rather than ensure transparency. The post Michael Sayl...
Binance Boasts Surplus Reserves, Bolstering Confidence After FTX Fallout

Binance Boasts Surplus Reserves, Bolstering Confidence After FTX Fallout

Binance has maintained surpluses across 37 tracked assets, publishing its 30th consecutive proof-of-reserves snapshot. While BTC and BUSD coverage ...
Binance Hires UK Accounting Firm Grant Thornton To Advise on Audits

Binance Hires UK Accounting Firm Grant Thornton To Advise on Audits

Binance has hired U.K.-based Grant Thornton to advise on accounting and tax matters, it announced Wednesday.