![Proof of reserves is becoming more effective, but not all its challenges are technical Proof of reserves is becoming more effective, but not all its challenges are technical](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2022-12/f6a38186-d2ff-43b5-9454-3ae6b4b5ec44.jpg)
Proof of reserves (PoR) has gone from a buzzword to a roar in recent weeks as the crypto world tries to recover from the shock and losses of the current crypto winter. After…
![After Binance, CryptoCom Reveals Proof of Reserves After Binance, CryptoCom Reveals Proof of ReservesÂ](https://cryptopotato.com/wp-content/uploads/2021/11/CryptoCom.jpg)
CryptoCom is the latest exchange to provide proof of reserves amid soaring demand for industry transparency stemming from FTXâs collapse. The audit found that its customersâ balances for multiple top cryptocurrencies, including Bitcoin…
![Binance Introduces Its Proof of Reserves (PoR) System Binance Introduces Its Proof of Reserves (PoR) System](https://assets.bitdegree.org/crypto/storage/optimized/crypto-exchange-binance-rolls-out-its-proof-of-reserves-system-featured.jpg)
Binance PoR system reveals that the company’s Bitcoin (BTC) reserves ratio is 101%. Binance, the largest crypto exchange in terms of daily trading volumes, has released its Proof of Reserves System (PoR). According…