In the wake of recent massive crashes in the cryptocurrency market, transparency has been crucial to regaining investor confidence. Bybit is one of the digital asset exchanges that has been at the forefront of implementing the proof of reserves strategy for increasing industry-wide transparency. The company says its mission as a Centralised Exchange (CEX) is to facilitate people’s smooth transition into the Web3 ecosystem. This week, Bybit was one of the key contributors during the Blockchain Life 2023 event that […]
The post Bybit: Proof of Reserves Has Raised the Bar for Transparency appeared first in UK on InvestingCube.
In the wake of recent massive crashes in the cryptocurrency market, transparency has been crucial to regaining investor confidence. Bybit is one of the digital asset exchanges that has been at the forefront of implementing the proof of reserves strategy for increasing industry-wide transparency. The company says its mission as a Centralised Exchange (CEX) is to facilitate people’s smooth transition into the Web3 ecosystem. This week, Bybit was one of the key contributors during the Blockchain Life 2023 event that
The post Bybit: Proof of Reserves Has Raised the Bar for Transparency appeared first in UK on InvestingCube. Cryptocurrencies News Today
