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OKX, a cryptocurrency exchange, has been leading the charge on Proof of Reserves, a practice aimed at increasing transparency and trust in the industry. They recently released a report demonstrating ≥100% reserves and marking 12 consecutive months of leading the industry in openness and transparency. OKX has also been actively advocating for Proof of Reserves, with support from individuals like Nic Carter, Scott Melker, Sandeep Nailwal, Jason Yanowitz, and Zachary Brown. The exchange has listed new cryptocurrencies, participated in events like Hong Kong Fintech Week, and celebrated the 100th anniversary of the Republic of Türkiye. OKX's global chief commercial officer, LennixOKX, believes that publishing Proof of Reserves is crucial for restoring trust among users, especially after the collapse of FTX.
Our global chief commercial officer @LennixOKX believes that publishing Proof of Reserves is an actionable way to shore up trust among users, especially in the wake of the FTX's collapse. More of his POV with @CityAM👇 https://t.co/h1WMjKKuBT
Thank you @osf_rekt and @rektmando for participating in tonight’s very important vote. https://t.co/3nkRERnDlB
Trending this week at #OKX: ❇️ Published: Oct 2023 #ProofOfReserves report ❇️ Hosted: #ProofOfReserves 1st anniversary 𝕏 Space ❇️ Listed: $TIA @CelestiaOrg $MEME @memecoin ❇️ Participated: @HongKongFinTech week ❇️ Celebrated: 100th anniversary of the Republic of Türkiye https://t.co/BJma6b1Jia
ICYMI: We released our latest #ProofOfReserves report demonstrating ≥100% reserves AND marking 12 consecutive months of leading the industry in openness and transparency. Don't trust, verify: https://t.co/eksyVLHzGN More on our journey 🧵👇 https://t.co/WKvJTZEVOg
We are together as one voice advocating for #ProofofReserves Change starts with us. Thank you @okx for leading the charge. I am proud to work with them as a global ambassador. https://t.co/q9lPUm2cE7
We are together as one voice, advocating for #ProofOfReserves. Change starts with us. Thank you @nic__carter, @scottmelker, @sandeepnailwal, @JasonYanowitz, @ZBrownCEO for joining us and spreading the message. 🤝 https://t.co/NgGjglxH7g
Thank you @okx for leading the charge on Proof of Reserves – and congrats on the milestone! https://t.co/qLYA3aW5zu