Proof of Reserves
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X @Bitget
Bitget· 2025-08-27 06:00
Reserves & Transparency - Reserves reach 188%, indicating a high level of asset backing [1] - Company emphasizes commitment to transparency and user protection [1] - August Proof of Reserves report aims to set a benchmark for the industry [1] Confidence - Company expresses 100% confidence in its reserves [1]
X @MEXC
MEXC· 2025-08-26 05:30
Security Measures - MEXC utilizes cold-hot wallet separation and multi-signature technology to enhance asset security [1] - The platform employs AI monitoring for proactive security threat detection [1] - MEXC implements Proof of Reserves to ensure asset transparency and verification [1] - A $100 million protection fund is in place to safeguard user assets [1] Overall Goal - MEXC aims to provide full-stack protection for user assets [1]
X @Wu Blockchain
Wu Blockchain· 2025-08-20 09:27
Crypto Holdings - Bybit's user BTC holdings increased by 561% to 58900 BTC (+3130 BTC) [1] - Bybit's user ETH holdings increased by 659% to 604000 ETH (+37300 ETH) [1] - Bybit's user USDT holdings decreased by 475% to 485 billion USDT (-242 million USDT) [1] Proof of Reserves - Bybit released its 25th Proof of Reserves (snapshot on August 14) [1]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-08-18 19:41
RT Bitcoin For Corporations (@BitcoinForCorps)📺 The Bitcoin For Corporations ShowEpisode 12 now live — hosted by @BitcoinPierrePierre speaks with @BitGo CEO @MikeBelshe about his path from Netscape and Google to securing billions in #Bitcoin—covering multi-sig, cold storage, fiduciary duty, and why proof of reserves will shape Bitcoin’s future.00:00 - Intro to Bitcoin Custody01:56 - Belshe’s Background and Early Bitcoin06:09 - Multisig Discovery and BitGo Founding09:00 - Early Drive and BitGo Development10: ...
X @Solana
Solana· 2025-08-18 16:34
Proof of Reserves & Transparency - Backpack Exchange commits to daily Proof of Reserves, aiming for near real-time proofs in the future [1][5] - The exchange's ledger is built on a global linear log of authenticated transactions, making it verifiable [3][4] - Backpack's Proof of Reserves covers all "physical" balances, including available balances, open orders, and unborrowed lends [9] - All balances in the order book are physical, ensuring liquidity is real and anchored by the public chain [10] - Perpetual Futures on Backpack realize PnL in real time, which is accounted for in the Proof of Reserves [11] Technology & Implementation - The exchange is fully verifiable, with every state transition executable and matchable against the publicly attested ledger [5] - State integrity attestations are a key step in Backpack's journey to trust minimization [3] - Fiat currencies in banks require minting "deposit tokens" to integrate with the token-based system [12] - ZK proof code is public for anyone to see, clone, and run [13] Future Development & Considerations - The company acknowledges the need to publish code and data publicly to enhance the "trust me bro" aspect [6] - Comprehensive analysis of reserves should be paired with robust margin risk analysis [10]
X @Wu Blockchain
Wu Blockchain· 2025-08-18 14:26
Transparency and Security - Backpack 将发布每日零知识储备证明,提供实时的、保护隐私的链上透明度 [1] - 该系统由 OtterSec 构建和验证,确保用户资产保持安全隔离且可独立验证 [1]