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Thursday, November 10, 2022

Crypto.com to publish audited proof of reserves as a confidence building measure

Finally, a transparency move - See CDC CEO twitter feed (@kris) as of an hour ago. Retyped below:


'We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and crypto.com will be publishing out audited proof of reserves'

'This is a critical moment for the entire industry. Transparency is more important than ever, and safety and security of users and funds remains the priority. It requires full and collective commitment.'

'Restoring trust in our category will take time, but it's incumbent on us to send a strong message to the world that there are trustworthy crypto platforms.'

Applause from me on it anyway.



Submitted November 09, 2022 at 08:20PM by Shiratori-3 https://ift.tt/BPWXeYw https://ift.tt/HXsfEQO

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