News/CZ: Binance to Start to Do Proof-of-Reserves

CZ: Binance to Start to Do Proof-of-Reserves

Nov 09,2022,09:19

Binance CEO CZ tweeted that all crypto exchanges should do merkle-tree proof-of-reserves. Banks run on fractional reserves. Crypto exchanges should not. Binance will start to do proof-of-reserves soon, keeping full transparency.

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