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Exchange Trust

Coverage of Exchange Trust in the Nexus archive.

Earliest in view: Jul 23 · 13:39 UTCMost recent: Jul 23 · 13:39 UTC
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  • BUSINESSJul 23 · 13:39 UTCTHE BLOCK
    Proof of Reserves: What It Means for Exchange Trust

    The collapse of FTX in 2022 revealed that customer deposits were diverted to an affiliated trading firm, creating a trust deficit in crypto exchanges. Users previously trusted exchanges to hold their assets, but this incident highlighted the need for proof of reserves to ensure transparency.

Exchange Trust · Dossier · The Nexus