The Orca Uprising team is proud to announce the official launch of their presale on December the 20th at 13:00 pm UTC. With its ambitious tokenomics and roadmap, this project plans to make waves in the crypto community. From staking rewards to NFTs and top-tier exchange listings, Orca Uprising will have a busy schedule for crypto enthusiasts. What the Upcoming Presale Means for Crypto Enthusiasts The Orca Uprising introduces a novel perspective in the crypto sphere. The project transforms the…
Proof of Reserves
OKX Releases Second Proof of Reserves Report While Promising Monthly Updates
Seychelles-based crypto exchange OKX published its second proof-of-reserves (PoR) on Thursday, showing that user assets for the top-3 cryptocurrencies are fully-backed. The exchange promised to publish subsequent PoR reports on roughly the 22nd day of each month from today onwards. Committing to PoR In a press release from OKX, the company provided a new tool allowing users to self-verify its reserves using open-source tools. The tool lets anyone examine the results of OKX’s proof of reserves audits at different points…
11 months ago 1.5 k views
Binance Releases its Proof of Reserves — But is it Enough?
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. Also, they aren’t fully sure 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…
1 year ago 1.8 k views