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Is Proof Of Funds The New Standard For Centralized Exchanges?

Is Proof Of Funds The New Standard For Centralized Exchanges?
In the wake of the FTX crash, the cryptocurrency landscape has been forever altered, revealing the vulnerabilities inherent in centralized exchanges. While these exchanges continue to hold significant value in the digital asset ecosystem, they face the challenge of addressing the concerns of their users, who fear the potential loss of funds due to mismanagement. One solution gaining traction in the industry is the implementation of Proof of Funds, a mechanism that ensures transparency and securi... Read More
Posted: Jul 17 2023, 12:27
Author Name: financemagnates
Views: 112568

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