Crypto.com releases proof-of-reserves study conducted by Mazars
Crypto.com released a proof-of-reserves study it says enables users to verify that their assets are fully backed.The process was conducted by Mazars Group, which compared assets held in an on-chain address proven to be controlled by Crypto.com with customer balances.
The exchange will allow users to self-verify funds by visiting a webpage. "Providing audited Proof of Reserves is an important step for the entire industry to increase transparency and begin the process of restoring trust," CEO Kris Marszalek said in a statement. when it reported exposure of about $10 million to the collapsed FTX exchange.
Source
https://t.me/Cash_Blockchain_News
