{"id":275023,"date":"2022-11-14T13:35:22","date_gmt":"2022-11-14T13:35:22","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=275023"},"modified":"2022-11-14T13:32:16","modified_gmt":"2022-11-14T13:32:16","slug":"kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/","title":{"rendered":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities"},"content":{"rendered":"<p>Prominent crypto exchanges Kraken, Coinbase and Gate.io became the first exchanges to <a href=\"https:\/\/www.blockchaincenter.net\/proof-of-reserves\/\">publish<\/a> proof-of-reserves, including liabilities, as part of their audits.<\/p>\n<p>Following the collapse of the FTX, Binance's CEO Changpeng Zhao <a href=\"https:\/\/cryptoslate.com\/binance-to-start-proof-of-reserves-cz-proposes-all-crypto-exchanges-follow-suit\/\">suggested<\/a> that all exchanges should provide Merkle-tree proof-of-reserves.<\/p>\n<p>Despite Binance initiating the movement, it has not included its liabilities in its proof-of-reserves.<\/p>\n<h2>Other exchanges with only proof of reserves<\/h2>\n<p>Binance did not include disclosure of liabilities in its suggestion. However, many exchanges agreed that it was also necessary to provide full transparency.\u00a0Bitfinex also did not disclose its liabilities with its Merkle-tree proof of reserves.<\/p>\n<p>MexcGlobal and ByBit also did not share their liabilities but said they will publish proof-of-reserves soon.<\/p>\n<h2>Exchanges with complete proof of reserves<\/h2>\n<p>Crypto.com and Huobi have already published their proof-of-reserves. The duo also announced that they are composing their liabilities report and will post that soon as well.<\/p>\n<p>OKX and Mexc global, on the other hand, are currently working on publishing a full proof-of-reserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prominent crypto exchanges Kraken, Coinbase and Gate.io became the first exchanges to publish proof-of-reserves, including liabilities, as part of their audits. Following the collapse of the FTX, Binance&#8217;s CEO Changpeng Zhao suggested that all exchanges should provide Merkle-tree proof-of-reserves. Despite Binance initiating the movement, it has not included its liabilities in its proof-of-reserves. Other exchanges [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":275076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kraken, Coinbase and Gate.io publish proof of reserves with liabilities<\/title>\n<meta name=\"description\" content=\"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities\" \/>\n<meta property=\"og:description\" content=\"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-14T13:35:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-14T13:32:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/11\/image_2022-11-14_183136604.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\"},\"author\":{\"name\":\"Zeynep Geylan\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344\"},\"headline\":\"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities\",\"datePublished\":\"2022-11-14T13:35:22+00:00\",\"dateModified\":\"2022-11-14T13:32:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\"},\"wordCount\":174,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Exchanges\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\",\"url\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\",\"name\":\"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2022-11-14T13:35:22+00:00\",\"dateModified\":\"2022-11-14T13:32:16+00:00\",\"description\":\"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"NewsMediaOrganization\"],\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"actionableFeedbackPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344\",\"name\":\"Zeynep Geylan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"caption\":\"Zeynep Geylan\"},\"description\":\"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities","description":"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/","og_locale":"en_US","og_type":"article","og_title":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities","og_description":"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.","og_url":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/","og_site_name":"CryptoSlate","article_published_time":"2022-11-14T13:35:22+00:00","article_modified_time":"2022-11-14T13:32:16+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/11\/image_2022-11-14_183136604.png","type":"image\/png"}],"author":"Zeynep Geylan","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Zeynep Geylan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/"},"author":{"name":"Zeynep Geylan","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344"},"headline":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities","datePublished":"2022-11-14T13:35:22+00:00","dateModified":"2022-11-14T13:32:16+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/"},"wordCount":174,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Exchanges"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/","url":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/","name":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2022-11-14T13:35:22+00:00","dateModified":"2022-11-14T13:32:16+00:00","description":"Their liabilities are evaluated as a part of an audit and are included in proof-of-reserves.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/kraken-coinbase-and-gate-io-publish-proof-of-reserves-with-liabilities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Kraken, Coinbase and Gate.io publish proof of reserves with liabilities"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":["Organization","NewsMediaOrganization"],"@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","actionableFeedbackPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344","name":"Zeynep Geylan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","caption":"Zeynep Geylan"},"description":"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/275023"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1262"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=275023"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/275023\/revisions"}],"predecessor-version":[{"id":275075,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/275023\/revisions\/275075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/275076"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=275023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=275023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=275023"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=275023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}