Proof of Reserves: Has Crypto Really Changed Since FTX Collapse?
Key Notes Major exchanges like KuCoin, OKX, and Kraken now compete on audit transparency following the FTX crisis. Point-in-time reserve snapshots cannot detect off-chain liabilities or corporate debt that could bankrupt exchanges. Cryptographic verification represents industry progress, but users must view PoR as starting point for due diligence. In the world of crypto, trust is […]
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