CoinGape
2022-11-19 20:43:10

This Crypto Investment Firm Says ‘No’ To Proof-Of-Reserves

After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ, CEO of Binance, who first floated the idea of Proof-Of-Reserves. However, there’s one cryptocurrency investment firm that has refused to reveal its proof of reserves — and that’s Grayscale. Grayscale’s Security Concerns On Friday afternoon, The post This Crypto Investment Firm Says ‘No’ To Proof-Of-Reserves appeared first on CoinGape .

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.