Proof-of-Reserves

The exterior of Crypto.com Arena in Los Angeles (Rich Fury/Getty Images)
Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed
The examination was done by auditing firm Mazars.
The exterior of Crypto.com Arena in Los Angeles (Rich Fury/Getty Images)

Binance CEO Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)
Binance's Bitcoin Reserves Are Overcollateralized, New Report Says
Mazars performed a proof-of-reserves and proof-of-liabilities assessment on the centralized exchange.
Binance CEO Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

(Danny Nelson/CoinDesk)
Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years
Chief Strategy Officer Patrick Hillman said the exchange may become obsolete because of the crypto industry's move toward decentralized finance.
(Danny Nelson/CoinDesk)

Binance Chief Strategy Officer on Crypto Industry Recovery Initiative, FTX Fallout
Binance Chief Strategy Officer on Crypto Industry Recovery Initiative, FTX Fallout
Binance Chief Strategy Officer Patrick Hillmann discusses the crypto exchange's business operations and proof of reserves system in the wake of the FTX collapse. Plus, the lat...
Binance Chief Strategy Officer on Crypto Industry Recovery Initiative, FTX Fallout

(Getty Images)
Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire
This has been an overall bad year for crypto, but here are some positive things.
(Getty Images)

Kraken's Dave Ripley (Kraken)
Crypto’s Future Will Be Based on Self-Custody and Regulation: Kraken's Dave Ripley
The incoming CEO discusses why the future of crypto will be based on proof of reserves and thoughtful regulation.
Kraken's Dave Ripley (Kraken)

( C.J. Burton/Getty Images, modified by CoinDesk)
OK Proof of Reserves, but for Real This Time?
Numerous exchanges committed to proof of reserves after FTX, but is it enough?
( C.J. Burton/Getty Images, modified by CoinDesk)

Markets Daily Podcast Cover
Weekend Story: Let’s Actually Commit to Proof of Reserves This Time, OK?
On today’s show we’re taking a look at proof of reserves, and why we might want to do them, courtesy of Nic Carter, a CoinDesk columnist and partner at Castle Island Ventures....
Markets Daily Podcast Cover

Merkle trees provide proof of reserves, but that may not be enough, Bank of America said. (Pixabay)
Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings
The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.
Merkle trees provide proof of reserves, but that may not be enough, Bank of America said. (Pixabay)

The collapse of crypto exchange FTX under Sam Bankman-Fried raises the issue of proofs of reserve. (CoinDesk)
Let’s Actually Commit to Proofs of Reserve This Time, OK?
Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
The collapse of crypto exchange FTX under Sam Bankman-Fried raises the issue of proofs of reserve. (CoinDesk)