Cryptoknowmics
2022-11-10 10:04:38

Crypto.com Commits Proof-of-Reserves After Halting Deposit and Withdrawal

In the wake of the demise of competitor exchange FTX, Kris Marszalek, CEO of cryptocurrency exchange Crypto.com, has joined the list of crypto companies vowing to reveal “audited evidence of reserves.” According to Marszalek, his business would be posting the audited evidence of reserves. The Crypto.com CEO further stated that they share the idea that it must be required for cryptocurrency platforms to publicly release Proof-of-Reserves. We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and https://t.co/pFc4Pz9nFR will be publishing our audited proof of reserves. — Kris | Crypto.com (@kris) November The post Crypto.com Commits Proof-of-Reserves After Halting Deposit and Withdrawal appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.