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In the aftermath of FTX's collapse as many as nine crypto exchanges across the world announced they would publish transparency reports or Merkle tree proof of reserves to reassure spooked investors.
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Top 6 BEST Crypto Exchanges in 2024: Which Are Safe?!Proof-of-reserve audits are crucial in verifying that exchanges hold the total amount of crypto assets they claim to have on behalf of their. Bitstamp, Europe's largest crypto exchange, has been audited annually by an undisclosed Big 4 (Deloitte, Ernst & Young, KPMG, and PwC). Yes, crypto exchanges can be hacked if they have any vulnerabilities. Which crypto exchanges are most secure? Generally, Kucoin and bitcoin-debit-cards.shop are.
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