Proof-of-Reserves

(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 (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 (OKX)

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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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Aave is Finnish for "ghost." (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.
Aave is Finnish for "ghost." (MidJourney/CoinDesk)

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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)

(Moreimages/Shutterstock)
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.
(Moreimages/Shutterstock)

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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)

On-Chain Data Shows Binance Isn't Exhibiting ‘FTX-Like’ Behavior: CryptoQuant
On-Chain Data Shows Binance Isn't Exhibiting ‘FTX-Like’ Behavior: CryptoQuant
Binance is not the next FTX, according a report from CryptoQuant. The analytics firm points to on-chain data to support claims made in a recent audit that Binance is over-coll...
On-Chain Data Shows Binance Isn't Exhibiting ‘FTX-Like’ Behavior: CryptoQuant

(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.
(Danny Nelson/CoinDesk)

Binance CEO Changpeng Zhao (Wikimedia)
CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior
The analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token.
Binance CEO Changpeng Zhao (Wikimedia)