Binance Proof-of-Reserve pledge gains support following FTX crisis
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings. In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full transparency” through the use […]
Bitstamp apologizes after posting report calling XRP ‘toxic waste’
Bitstamp now regrets posting Messari’s 134-page report yesterday that included coarse language and colorful descriptions of certain tokens.