Proof Of Reserves (PoR)

Justin Sun lecturing Brian Armstrong in a desert at night.
Bitcoin (BTC)
Justin Sun Condemns Coinbase for Lacking Proof of Reserves

Coinbase gets a whooping from Justin Sun: Tron’s founder mulls Coinbase's cbBTC launch a “dark day for Bitcoin”.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Curtain revealing a Binance robot with a pile of coins.
Binance News
Binance Reserves See Net Inflow of $3.27B According to Latest Report

The latest Binance Proof of Reserves audit shows increases in BTC holdings, with a net inflow in overall assets.

by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Squirrel working for binance is topping up reserves with Shib token, Doge and XRP.
Binance News
Binance Unfolds SHIB, XRP, & DOGE Stash in New Reserve Update

From Shiba Inu to XRP: digging deeper into Binance's impressive crypto reserve portfolio.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Binance employee presenting a safe full of Bitcoins.
Binance News
Binance Bitcoin Reserves Exceed 100% in Collateral: Report

Following the FTX collapse, Binance's audit report shows overcollateralized Bitcoin reserves, assuring users that their assets are safe.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
PoR audit robot sitting on a pile of gold bars working on its laptop.
Exchanges
Post-Binance Reality: Is Proof of Reserves Idea Compromised?

In light of Binance’s charges, the question persists: can we trust crypto exchanges solely based on their PoR audits?
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Magician putting coins in his hat in a frame with smoke.
Exchanges
Proof of Reserve Audits: Smoke, Mirrors, or Real Transparency?

One year after the FTX crash: crypto exchanges reveal their proof of reserves, but should we trust them blindly?
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Changpeng Zhao looking done with all the new papers.
Binance News
Binance Proof of Reserves: Doubts Linger 10 Issues Later

Binance releases its tenth PoR report, drawing much of the same concerns.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
A group of people taking a photo in front of a glowing Tether sign.
SEC
Tether Predicts $700M Profit in Q1 as Demand for USDT Climbs

Tether expects over $1 billion in Q1 revenue, but concerns about reserve guarantees persist amidst regulator pushback.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Lady cleaning wet floor in front of OKX logo.
Exchanges
OKX Boasts 100% Clean Asset Reserves, Leading the Way Among Major Exchanges

OKX has published its third monthly Proof of Reserves (PoR) report, disclosing $7.2 billion held by the exchange.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Binance Head of product Mayur Kamat stands infront of grey background with golden logo of Binance.
Binance News
Binance Head of Product: Real World Use Cases May Trend in 2023

DailyCoin talks to Mayur Kamat about what is on Binance's priority list this year.

by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
OKX logo in front of blue lightning next to white excavator
Binance News
OKX to Publish Proof-of-Reserves Every Month, Unveils Self-Verification Feature

The Proof-of-Reserve report revealed that OKX has always maintained a 1:1 customer-fund ratio reserve.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Drain shutting on a hand, with Mazars logo.
Binance News
Mazars Suspends Audits for All Crypto Exchanges in an Accounting U-Turn

Mazars, the accounting giant, have now suspended all work to provide Proof-of-Reserves reports for crypto exchanges.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
A person in front of an old computer looking up futuristic diagrams
Exchanges
CoinMarketCap Introduces a Proof-of-Reserve (PoR) Tracker for Crypto Exchanges

In response to the increasing call for transparency, CoinMarketCap has launched a proof-of-reserve feature.

by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Binance Publishes Proof of Reserve with Wallet Address Showing $69 Billion in Assets
Binance News
Binance Publishes Proof of Reserves Disclosing $69 Billion in Assets

Binance released details on its cold wallet reserves showing proof of digital assets worth over $69 billion.
by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Crypto-Exchanges-Are-Scrambling_Proof-of-Reserves_nuts_crazy_rodents_stocks_collection_revealing_coins_web
Exchanges
Nine Leading Crypto Exchanges Commit to Proof of Reserve Amidst FTX’s Liquidity Crunch

Following the liquidity crunch of Sam Bankman-Fried's FTX exchange that ignited a market collapse.

by . Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn
Press Releases
Gate.io Announces Second Audit, After Being First Exchange To Provide Proof-of-Reserves

Gate.io has announced it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation
. Fact checked by: Ciaran Lawler, Editor: Nazar Kuzmyn