proof of-reserves

dirty, clean (Shutterstock)
OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’
The report shows reserves are largely spread among bitcoin, ether and USDT.
dirty, clean (Shutterstock)

CDCROP: WazirX CEO Nischal Shetty (WazirX)
90% of WazirX's User Assets Are in Binance Wallets, According to Proof-of-Reserves Report
"We are not only India's largest crypto exchange by volume but also India’s largest crypto cxchange by reserves," a WazirX blog post said.
CDCROP: WazirX CEO Nischal Shetty (WazirX)

(Velishchuk/Getty Images, modified by CoinDesk)
Sam Abbassi on Why Proof of Reserves Matters Now
The Hoseki CEO discusses one of the most important trends in crypto.
(Velishchuk/Getty Images, modified by CoinDesk)

OKX reserve ratios (Source: OKX)
OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
Users can now view and download the old and new reserve ratios and self-assess the exchange's health and safety of their assets, OKX said.
OKX reserve ratios (Source: OKX)

(Getty Images)
SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ
Having proof of reserve reports is not enough information for an investor, according to Paul Munter, the SEC's acting chief accountant.
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CDCROP: Ghosts in a pool (MidJourney/CoinDesk)
Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security
Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.
CDCROP: Ghosts in a pool (MidJourney/CoinDesk)

(Feodora Chiosea/Getty Images, modified by CoinDesk)
Audit Firms Don’t Want to Work With Crypto Companies, and That’s a Problem
Mazars and Armanino are getting out of the crypto audit game after a wave of negative PR.
(Feodora Chiosea/Getty Images, modified by CoinDesk)

audit
Binance Losing Auditing Partner Mazars Leaves Crypto Questions Unanswered
Auditing firm Mazars, which had published a proof of reserves report for Binance and other exchanges, on Friday cut ties with clients in the crypto industry.
audit

(Malte Mueller/Getty Images, modified by CoinDesk)
Exchange Fears Roil Crypto Following SBF’s Arrest
Binance spent much of the week beating back accounting concerns.
(Malte Mueller/Getty Images, modified by CoinDesk)

CDCROP: Binance Logo (Danny Nelson/CoinDesk)
Auditing Firm Mazars Pauses Proof-of-Reserves Work for Crypto Clients
Mazars said it had concerns about how the reports were understood by the public.
CDCROP: Binance Logo (Danny Nelson/CoinDesk)