Kraken's Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit 'Requires Cryptographic Proof' – Bitcoin News
Summary by Ground News
CoinMarketCap CEO Jesse Powell announced that he fulfilled his commitment to be more assertive with calling out problems. Powell said that reserves are equal to assets minus liabilities and reserves also include a list of wallets. The audit is not intended to prove more than the custodian has control of assets or the sum of client balances.Published 2 months ago
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