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The latest proof of reserves news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks proof of reserves across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.

Proof of Reserves (PoR) is an audit procedure that verifies an exchange holds at least one coin for every user deposit, ensuring 1:1 asset backing. It emerged after FTX's collapse exposed that customer funds were missing. PoR uses Merkle Tree cryptography to let users mathematically verify solvency rather than relying on trust.
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