1
OKX published a PoR report which revealed that it has a balance of $11.3 billion in Bitcoin, Ethereum, and USDT.
2
FTX’s demise wiped out billions of cryptocurrencies in 78 hours of the trading session.
FTX, once the third-largest centralized cryptocurrency exchange, collapsed in the last quarter of 2022. The unprecedented crypto exchange collapse has troubled dozens of other crypto exchanges globally.
The demise of the exchange forced trading platforms to conduct a quarterly PoR (Proof-of-Reserve) to make their users believe that their platforms are not performing any illicit activities using customers’ funds.
Most recently, world-famous centralized exchange OKX …
We współpracy z: https://www.thecoinrepublic.com/2023/06/28/okx-por-report-ftx-implosion-still-troubling-exchanges/