The Block·The Block Research·8h ago
Proof of Reserves: What It Means for Exchange Trust
Read original on The BlockThe Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been…
Discussion · 0
?
💬 Discussion: Proof of Reserves: What It Means for Exchange Trust
The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been…
Reply with your take — replies appear on this article and in the main feed. Open thread