November 18, 2022, 8:54AM EST
• 6 min read

Rapid Insights: Looking into Proof-of-Reserves of Major Exchanges

Quick Take

  • Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion.
  • After the fall of FTX, the crypto community has publicly called on for exchanges to provide users with a Proof-of-Reserves
  • Nansen announced that they were working with exchanges to display Proof-of-Reserves 
  • While Proof-of-Reserves does provide some transparency into an exchange’s financial health, it offers no information on the exchange’s liabilities

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