The failure of several cryptocurrency ecosystems this year, such as FTX and Terra, underlined the significance of disclosure about the actual deposits held by cryptocurrency exchanges and companies. Bitfinex, a cryptocurrency exchange, disclosed its Proof-of-Reserve to the public amidst the continuous dread, uncertainty, and doubt (FUD) in the cryptocurrency market. Bitfinex Proof-of-Reserve Report Major cryptocurrency exchanges, including Binance, OKX, Kucoin, and Crypto.com, have committed to disclose their Proof-of-Reserve to recover investor trust over the previous few days. Paolo Ardoino, the chief technology officer of Bitfinex, published the list of the primary Bitfinex wallets, which was last updated on November 11. The post Bitfinex CTO Publishes Proof-of-Reserve Amid During Bankruptcy Failure appeared first on Cryptoknowmics-Crypto News and Media Platform .
