Binance plans to implement a new Proof-of-Reserves protocol developed by Ethereum co-founder Vitalik Buterin after sharing a snapshot of its wallets last week (Andrew Asmakov/Decrypt)

Andrew Asmakov / Decrypt:
Binance plans to implement a new Proof-of-Reserves protocol developed by Ethereum co-founder Vitalik Buterin after sharing a snapshot of its wallets last week  —  As the FTX collapse highlighted the urgency for more transparency among crypto exchanges, Chanpeng “CZ” Zhao said Binance is working …

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Q&A with Vitalik Buterin on proof of work vs. proof of stake, the recent crypto crash, crypto security, decentralized governance, “startup societies”, and more (Noah Smith/Noahpinion)

Noah Smith / Noahpinion:
Q&A with Vitalik Buterin on proof of work vs. proof of stake, the recent crypto crash, crypto security, decentralized governance, “startup societies”, and more  —  In which we talk about the big shifts in crypto.  —  Vitalik Buterin is one of the most well-known …

Binance says Mazars, the auditing firm that worked on proof-of-reserves reports for Binance, Crypto.com, and others, has paused work for all crypto clients (Jamie Crawley/CoinDesk)

Jamie Crawley / CoinDesk:
Binance says Mazars, the auditing firm that worked on proof-of-reserves reports for Binance, Crypto.com, and others, has paused work for all crypto clients  —  Mazars has deleted Binance’s proof-of-reserves assessment, which found its bitcoin reserves were overcollateralized.

Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users (Tim Copeland/The Block)

Tim Copeland / The Block:
Binance releases its proof-of-reserves system, starting with BTC, claiming it has 582,485 BTC and 575,742 BTC user balance, a reserve ratio of 101% for users  —  – Binance has put out its proof-of-reserves system, in light of FTX’s meltdown.  — It shows a reserve ratio of 101% for its users’ bitcoin balances.

DCG’s Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG’s Genesis halts withdrawals (Stephanie Murray/The Block)

Stephanie Murray / The Block:
DCG’s Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG’s Genesis halts withdrawals  —  Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.

Auditing firm Mazars says Crypto.com users’ crypto assets are fully backed one-to-one, after vouching for a similar proof-of-reserves report from Binance (Nick Baker/CoinDesk)

Nick Baker / CoinDesk:
Auditing firm Mazars says Crypto.com users’ crypto assets are fully backed one-to-one, after vouching for a similar proof-of-reserves report from Binance  —  The examination was done by auditing firm Mazars.  —  Crypto.com released proof-of-reserves data from auditing firm Mazars Group …