OKX publishes second proof-of-reserves report
Crypto exchange OKX released a second proof-of-reserves report, a month after its first, in a continuing effort among crypto exchanges to provide evidence they are handling customer funds safely following the collapse of FTX. OKX said it will commit to publishing a report for more than 23,000 of its addresses around the 22nd of each month in a push for increasing transparency and trust, according to a statement shared with The Block. The U.S. Securities and Exchange Commission's acting chief accountant, Paul Munter, reportedly warned investors to be wary of crypto companies' proofs-of-reserves.
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