LBank announces publishing of an auditable Merkle tree and Proof of Reserves (POF)

LBank announces publishing of an auditable Merkle tree and Proof of Reserves (POF)


AMB Crypto
2022-11-12 05:15:01

Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a public statement on November 9th stating that the exchange hopes to facilitate industry transparency and built a strong foundation of trust between exchanges and investors.