Fri, March 29

CoinDCX’s October 2023 PoR Report Reveals Strong Crypto Holdings

CoinDCX, India’s leading cryptocurrency exchange, has once again demonstrated its commitment to transparency and accountability by releasing its third consecutive quarterly Proof of Reserves (PoR) report. This latest report, for October 2023, follows the release of their first PoR report in December 2022. The PoR report provides a comprehensive overview

October 31, 2023 1 min read

OKX Reserves 100% Clean Assets than Major Crypto Exchanges

Today the world’s second-largest cryptocurrency exchange OKX ‘OKEx’ has released a “Proof-of-Reserves” (PoR) report that reveals the detailed breakdown of the assets the exchange has in its reserves. OKX’s third monthly PoR report disclosed $7.5 billion in BTC, ETH, and USDT held by the crypto exchange, which does not include

January 19, 2023 2 mins read

Indian Crypto Exchange CoinSwitch Releases Proof of Reserves

CoinSwitch, a cryptocurrency trading platform, has released its proof of reserves, revealing that the total value of user assets held as of January 6, 2023, is approximately $131.096 million, or 1,083.45 crores. Amounts held in the wallets indicated total about $112.99 million, or 933.83 crores.  Reveals $131.09 Million in Assets

January 7, 2023 1 min read

Binance CEO CZ Stated ‘Never Touch User’s Fund’

The world’s largest cryptocurrency exchange Binance CEO Changpeng Zhao ‘CZ’, sat down for a round of questions. And CZ answered anything from how to buy a cool Binance sweatshirt to the FTX collapse in an interview video that was released on Binance’s Twitter account on December 27. The CEO of

December 28, 2022 2 mins read

Binance Proof of Reserve Report Revealed Warning Signals

Despite the world’s largest centralized cryptocurrency exchange Binance’s efforts to boost transparency, its reserves also revealed warning signs in the exchange’s finances. Binance has lack information regarding the exchange’s business structure and its funds are still a mystery, as per the WSJ report.  Last month, Binance partnered with the global

December 12, 2022 1 min read

Crypto.com Soon To Implement Proof-Of-Reserve

As a result of the collapse of the competitor exchange FTX, Crypto.com CEO Kris Marszalek has become the newest cryptocurrency corporation to pledge to “audited Proof-Of-Reserve.” We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and https://t.co/pFc4Pz9nFR will be publishing our

November 10, 2022 1 min read

Chainlink Proof of Reserve Provides Enhanced Protections for Crypto Ecosystem

Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as

November 8, 2022 2 mins read