What is proof of reserves? How exchanges prove they hold your crypto

by Joseph Rees

After FTX vanished with billions in customer money, “proof of reserves” became the phrase every exchange started using. This guide explains what it really proves, what it quietly leaves out, and how to tell a meaningful attestation from a marketing…

Source: https://crypto.news/what-is-proof-of-reserves-how-exchanges-prove-they-hold-your-crypto/

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