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after the fall of what was once one of the largest crypto exchanges in the world FTX other exchanges starting to feel the wrath of panic withdrawals coinbase Kraken and other exchanges are showing their reserves and liabilities to instill some common confidence back into the markets some industry leaders are calling for proof of reserves or requirement that exchanges show they have assets to match their liabilities yesterday I spoke with Castle Island Ventures partner Nick Carter about his new opinion piece for coindaamp;#39;s supporting proof of reserves and how it would work take a listen the basic of a proof of Reserve is cryptographically attesting to assets held that part is very simple so you sign a transaction showing that you have you know x amount of Bitcoin other assets um thereamp;#39;s a number of ways you can achieve that that partamp;#39;s trivial and then the other side of the balance sheet is the liabilities so you just add up all the outstanding user balances on the
