CryptoQuant confirms Binance reserves are accounted for
Binance has faced a FUD storm in the past few days about its reserves. Binance has also been in the spotlight amid the ongoing FTX collapse hearing. Blockchain analytics provider…
Tether pledges to stop issuing secured loans from its reserves
Tether on Tuesday addressed the FUD around secured loans. The secured loans held in Tether’s reserves are overcollateralized and covered by extremely liquid assets. It also revealed plans to stop…
Will this “worrying” Binance’s proof of reserves crash BNB further?
Binance has been criticised for the quality of its proof of reserves Mazars say the crypto exchange is 97% collateralised BNB trades down and could find support at $266 The…
Binance releases its proof of reserves system
Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens and networks as well as implement ZK-SNARKs. Crypto exchanges are…
What is Proof of Reserves, and Why is it Important?
Table of Contents What is Proof of Reserves? Why is Proof of Reserves Important? The Impact of Calls for Proof of Reserves How Does a Proof of Reserves Audit Work?…
Tether cuts commercial paper reserves to zero
Tether’s commercial paper has shrunk to zero, the USDT issuer has announced. Instead of… The post Tether cuts commercial paper reserves to zero appeared first on CoinJournal.