Buterin Discusses Proof of Reserves and What the Future Holds

Buterin Discusses Proof of Reserves and What the Future Holds

Following the crash of FTX, the need for crypto exchanges to regain users’ confidence is high on the list of priorities of many stakeholders, including Ethereum co-founder Vitalik Buterin who has published a blog…

Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves

Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves

On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts…

Crypto Exchanges Need Proof Of Reserves – Bitcoin Magazine

Crypto Exchanges Need Proof Of Reserves – Bitcoin Magazine

The Bitcoin Policy Institute (BPI), a non-profit dedicated to furthering governmental Bitcoin adoption, has released a new report discussing proof-of-reserves (PoR) in the bitcoin and cryptocurrency ecosystem following the FTX collapse, per a…

MakerDAO Co-Founder Proposes Dumping .5 Billion USDC Reserves for ETH

MakerDAO Co-Founder Proposes Dumping $3.5 Billion USDC Reserves for ETH

MakerDAO co-founder Rune Christensen recently proposed removing all USDC from the DAI stablecoin’s peg-stability module. He suggested that the USDC within, worth $3.5 billion, could be used to buy ETH instead.  Yet despite…

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