Anyone who has been involved in the cryptocurrency industry for more than a few months is no doubt well aware that data breaches, thefts, hacks, fake hacks are commonplace. This applies to custodial exchanges and services but also on an individual level with a...
In July 2020, Shakepay engaged CipherBlade to conduct a Proof of Reserves and Security Review1. This review was comprehensive, and included independently verifying Customer Assets2 as well as verifying Customer Balances3 as a ‘Proof of Reserves’, and whether or not...
Centralized exchanges and services have increasingly been portrayed as insecure and flawed relative to their decentralized counterparts over the past few years. This is due to an abundance of hacks that have occurred including on Upbit, DragonEx, Mt. Gox, Binance,...
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