ProofofReserve
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Markets
Texas proof-of-reserve bill passes through the Senate
The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made…
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Markets
US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution – Bitcoin News
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations,…
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Markets
US accounting watchdog warns investors about proof-of-reserve reports
The Public Company Accounting Oversight Board (PCAOB), a watchdog that oversees audits of public companies in the United States, recently…
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Markets
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
A senior official from the United States Securities and Exchange Commission has warned investors to be “very wary” about relying…
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Markets
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web – Bitcoin News
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR…
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Markets
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the…
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Markets
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group – Bitcoin News
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1.…
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Markets
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
Cryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve (PoR) audits, according to the CEO.…
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Markets
Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’ – Bitcoin News
On Tuesday, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly…
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Markets
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
CoinMarketCap, a leading market researcher and tracker in the crypto industry, announced the launch of a new feature on its…
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