Binance released its highly anticipated proof of reserves (PoR) on Friday, providing blockchain-based evidence for the Bitcoin on its books. However, many in the crypto community question Binance’s approach, and aren’t fully convinced that they have the transparency they’re looking for. The Move to Proof of Reserves As Binance explained in its announcement, the exchange’s transparency system will add multiple tokens and networks within the next two weeks. For now, it solely validates its Bitcoin holdings. The company’s initial audit…
Tag: Cobo Wallet
Multi-currency Crypto Wallets with Passive Income Features
Cryptocurrency wallets are especially useful tools that allow crypto enthusiasts to have quick access to their crypto assets. It’s worth mentioning that this is one way the global use of cryptocurrencies can become a reality in our daily lives. However, some multicurrency wallets have moved a step further, not only as a payment tool but also to serve other unique functions in the digital financial world. Blockchain solutions have made it possible for crypto enthusiasts to use their cryptocurrency wallets…
2 years ago 
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Cobo Wallet – Your All In One Cryptocurrency Wallet
The financial payment system has advanced over the years in several milestones. About fifty years ago, there were electronic payment systems such as Visa Card, MasterCard, etc. The rapid development of technology led to the invention of blockchain technology by a group or falsely yet famously known as Satoshi Nakamoto. Over the years, many businessmen and women have shared concerns about the level of control Centralized Institutions have over people's funds. However, all the developments that have come down the…
3 years ago 474
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