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3232Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
https://www.digit.info/accounting-firm-mazars-stops-proof-of-reserve-audits-for-crypto-firms-binance-audit-removed-from-the-web/
Fri, 16 Dec 2022 15:30:37 +0000https://www.digit.info/2022/12/16/accounting-firm-mazars-stops-proof-of-reserve-audits-for-crypto-firms-binance-audit-removed-from-the-web/Read more]]>The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, Binance […]
]]>Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
https://www.digit.info/binances-bitcoin-reserve-stash-nears-600000-companys-btc-cache-is-now-the-largest-held-by-an-exchange/
Sun, 20 Nov 2022 18:30:39 +0000https://www.digit.info/2022/11/20/binances-bitcoin-reserve-stash-nears-600000-companys-btc-cache-is-now-the-largest-held-by-an-exchange/Read more]]>While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from cryptoquant.com indicate that Binance’s bitcoin reserves reached an all-time high on Nov. […]