Tag: Bitfinex
Bitfinex CTO reveals reserves after FTX bankruptcy
CTO of Bitfinex reveals reserve proof amidst FTX bankruptcy drama. This year’s collapse of prominent cryptocurrency ecosystems like FTX and Terra (LUNA) has highlighted the need for openness regarding the actual reserves of cryptocurrency exchanges and businesses. Bitfinex, a cryptocurrency exchange, recently made public its proof of reserves amidst widespread uncertainty and skepticism (FUD) in…