Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges including Binance, OKX, Kucoin, and Crypto.com have pledged to share their evidence reserve to regain investor confidence.
New
The fall of major crypto ecosystems – such as FTX and Terra (LUNA) – this year has highlighted the importance of transparency around the true reserves held by crypto exchanges and companies. Amid the continuing Fear, Uncertainty, and Doubt (FUD) in the crypto space, crypto exchange Bitfinex has revealed its proof of reserves to the general public.
Over the past few days, major crypto exchanges including Binance, OKX, Kucoin, and Crypto.com have pledged to share their proof of reserve to regain investor confidence. Speaking of speaking, Bitfinex CTO Paolo Ardoino shared the list of top Bitfinex wallets, last updated on November 11.
GitHub repository containing proof of Bitfinex reserves. Source: GitHubAs noted above, Ardoino shared proof of reserves from Bitfinex on GitHub, in which it listed a total of 135 cold and hot wallet addresses. Saving users the trouble of browsing through addresses, it listed some of the company's major holdings, which included 204338.17967717 BTC and 1225600.
Over the past few days, major crypto exchanges including Binance, OKX, Kucoin, and Crypto.com have pledged to share their evidence reserve to regain investor confidence.
New
The fall of major crypto ecosystems – such as FTX and Terra (LUNA) – this year has highlighted the importance of transparency around the true reserves held by crypto exchanges and companies. Amid the continuing Fear, Uncertainty, and Doubt (FUD) in the crypto space, crypto exchange Bitfinex has revealed its proof of reserves to the general public.
Over the past few days, major crypto exchanges including Binance, OKX, Kucoin, and Crypto.com have pledged to share their proof of reserve to regain investor confidence. Speaking of speaking, Bitfinex CTO Paolo Ardoino shared the list of top Bitfinex wallets, last updated on November 11.
GitHub repository containing proof of Bitfinex reserves. Source: GitHubAs noted above, Ardoino shared proof of reserves from Bitfinex on GitHub, in which it listed a total of 135 cold and hot wallet addresses. Saving users the trouble of browsing through addresses, it listed some of the company's major holdings, which included 204338.17967717 BTC and 1225600.
What's Your Reaction?
