Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco By Cointelegraph

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Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

The fall of major crypto ecosystems — such as FTX and (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ongoing fear, uncertainty and doubt (FUD) across the crypto space, crypto exchange Bitfinex revealed its proof of reserves to the general public.

Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence. Walking the talk, Bitfinex CTO Paolo Ardoino shared the list of the main Bitfinex wallets, last updated on November 11.

GitHub repository containing Bitfinex proof of reserves. Source: GitHub
Goals set by Bitfinex’s open-source library, Antani. Source: Antani white paper