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You are here: Home Market News

Proof-of-reserves: Can reserve audits avoid another FTX-like moment?

William King — November 19, 2022 comments off
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ANOTHER

Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.

ANOTHER audits avoid FTXlike Moment Proofofreserves RESERVE
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  • bitcoinBitcoin(BTC)$18,927.347.81%
  • ethereumEthereum(ETH)$1,429.356.35%
  • tetherTether(USDT)$1.000.18%
  • binancecoinBNB(BNB)$286.822.59%
  • usd-coinUSD Coin(USDC)$1.000.21%
  • rippleXRP(XRP)$0.3765091.07%
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  • cardanoCardano(ADA)$0.3314194.09%
  • dogecoinDogecoin(DOGE)$0.0800643.41%
  • matic-networkPolygon(MATIC)$0.915.37%