urlscan.io logo urlscan.io
SecurityTrails logo

forkast.news Open in urlscan Pro
2606:4700:20::681a:fb8  Public Scan

Back to summary
Submitted URL: http://api.sx19.email/api/v1/track/campaign/click/MuhR82Z40n8FOoeuEMgg9i/DQJb9OlOzK2W9vicUqqB2B
Effective URL: https://forkast.news/headlines/cz-binance-no-negative-balances-proof-reserves/?utm_campaign=TCF+%23142&utm_content=&u...
Submission: On December 01 via api from CH — Scanned from DE

Form analysis 3 forms found in the DOM

GET /

<form role="search" method="get" id="searchform" class="site-header__search-form" action="/">
  <input class="site-header__search-form-text" type="text" value="" name="s" id="s">
  <input class="site-header__search-form-submit" type="image" id="searchsubmit" src="https://forkast.news/wp-content/themes/forkast/img/mag.svg">
</form>

POST https://app.sendx.io/api/v1/form/Comr5KyKJJqA9PsMO9CVEj

<form method="post" action="https://app.sendx.io/api/v1/form/Comr5KyKJJqA9PsMO9CVEj">
  <div>
    <div><label style="display:inline-block; width:100px;">Name</label><input id="SubscriberForm-First Name-Comr5KyKJJqA9PsMO9CVEj" type="First Name" class="sendx-field-Comr5KyKJJqA9PsMO9CVEj" data-attr-type="0" name="First Name" aria-label="Name"
        style="width:100%;"></div>
    <div style="margin:1rem 0;">
      <label style="display:inline-block; width:100px;">Email</label><input id="SubscriberForm-Email-Comr5KyKJJqA9PsMO9CVEj" type="Email" data-attr-type="0" name="Email" required="" autocomplete="Email" aria-label="Email" style="width:100%;">
    </div>
  </div><input type="submit" class="button is-style-meta" name="subscribe" value="Sign up now" style="border-radius: 20px; padding:0.5rem 1rem; border:0; font-size:1rem;">
</form>

POST https://app.sendx.io/api/v1/form/Comr5KyKJJqA9PsMO9CVEj

<form method="post" action="https://app.sendx.io/api/v1/form/Comr5KyKJJqA9PsMO9CVEj">
  <div>
    <div><label style="display:inline-block; width:100px;">Name</label><input id="SubscriberForm-First Name-Comr5KyKJJqA9PsMO9CVEj" type="First Name" class="sendx-field-Comr5KyKJJqA9PsMO9CVEj" data-attr-type="0" name="First Name" aria-label="Name"
        style="width:100%;"></div>
    <div style="margin:1rem 0;">
      <label style="display:inline-block; width:100px;">Email</label><input id="SubscriberForm-Email-Comr5KyKJJqA9PsMO9CVEj" type="Email" data-attr-type="0" name="Email" required="" autocomplete="Email" aria-label="Email" style="width:100%;">
    </div>
  </div><input type="submit" class="button is-style-meta" name="subscribe" value="Sign up now" style="border-radius: 20px; padding:0.5rem 1rem; border:0; font-size:1rem;">
</form>

Text Content

Join F+
 * Asia-Pacific
 * Blockchain
 * Crypto
 * Regulatory
 * Watch & Listen

 * Latest News
   * Enterprise
   * Markets
   * Regulatory
   * Opinion
   * Forkast+
 * Asia-Pacific
   * Australia
   * China
   * Hong Kong
   * India
   * Japan
   * SE Asia
   * Singapore
   * South Korea
 * Blockchain
   * CBDCs
   * DeFi
   * NFTs
 * Crypto
   * Bitcoin
   * Ethereum
   * Cardano
   * XRP
   * Stablecoins
   * Altcoins
 * Learn
   * Explainers
   * Digital Assets Report
   * China Blockchain Report
   * State of the NFT Market
 * Watch & Listen
   * The Daily Forkast
   * Word on the Block
 * Forkast+
   * NFT founding membership
   * Insider membership
   * Group Membership
   * Membership FAQ
   * Events
   * Newsletters
 * About Us
   * Our Story
   * Join Our Team
   * Contact
   * Cookies
   * Terms of Service


TRENDING

 * BlockFi
 * FTX
 * Sam Bankman-Fried
 * Bitcoin
 * Robinhood
 * Philippine Blockchain Week
 * Fantom


FAST FORKAST LOGO

The latest industry news

 * Binance
 * CZ - Changpeng Zhao
 * Kraken

Published November 28, 2022 | 12:36 pm HKT Last updated 4 days ago
By Timmy Shen
Share on twitter Share on linkedin Share on facebook Share on telegram Share on
whatsapp Share on line


CHANGPENG ZHAO SAYS BINANCE HAS ‘NO NEGATIVE BALANCES INVOLVED’ IN PROOF OF
RESERVES

Binance founder and CEO Changpeng Zhao. Image: Binance/YouTube

Changpeng Zhao, founder and chief executive officer of cryptocurrency exchange
Binance, tweeted on Saturday that the company’s proof of reserves (PoR) have
“absolutely no negative balances involved” after the exchange released its PoR
on Friday.

See related article: Binance releases proof of reserves


FAST FACTS

 * Jesse Powell, cofounder and CEO of crypto exchange Kraken, tweeted on
   Saturday that Binance’s statement of assets was “pointless without
   liabilities.”
 * “The merkle tree is just hand wavey bullshit without an auditor to make sure
   you didn’t include accounts with negative balances,” Powell wrote in the
   tweet.
 * In response, Zhao said that Binance’s PoR did not count in accounts with
   negative balances and “it will be verified in the audit for the above PoR.”
 * Zhao added that it takes a few weeks to have third-party auditors complete
   their work.
 * The release of proof of reserves has been promoted as a method for exchanges
   to ensure safe custody of users’ assets since the collapse of FTX earlier
   this month.

See related article: Sam Bankman-Fried could face decades in jail if convicted
of law violations in FTX collapse, lawyers say




AUTHOR PROFILE


TIMMY SHEN

Timmy Shen is a Taipei-based journalist at Forkast. Previously, he wrote for
Caixin Global and TechNode, covering topics ranging from fintech to fan economy.
He also cares about LGBT+ issues and is a shabu shabu fanatic. Timmy holds an MS
degree from Columbia Journalism School.

Author's profile on Twitter @timmyhmshen Author's profile on LinkedIn Timmy Shen

subscribe to our newsletter

Get the best of Forkast delivered to your inbox daily

Name
Email


MORE ARTICLES ON BINANCE

The Current Forkast


GRAYSCALE HOLDINGS QUESTIONED AMID CRYPTO INVESTMENT GIANT’S SILENCE

Forkast+


BLOCKFI FILES FOR BANKRUPTCY PROTECTION, SET TO SUE SAM BANKMAN-FRIED OVER
COLLATERAL

Opinion


FTX IS CRYPTO’S LEHMAN BROS. MOMENT. WHAT HAPPENS NOW?

Forkast+


BINANCE SAYS IT WILL SET UP CRYPTO RECOVERY FUND, INDUSTRY STANDARDS GROUP

Forkast+


CRYPTO PRICES SLIDE AS INVESTORS PULL FUNDS ON CONCERNS OTHER EXCHANGES MAY
FOLLOW FTX IMPLOSION


FORKAST+ EXCLUSIVE ANALYSIS

Forkast+


SAM BANKMAN-FRIED POINTS BLAME FOR FTX COLLAPSE TO ALAMEDA, SAYS HE WAS
BLINDSIDED 

Forkast+


CHINA ACTIVISTS USE NFTS, DECENTRALIZED TECHNOLOGY TO COUNTER CENSORSHIP

subscribe to our newsletter

Get the best of Forkast delivered to your inbox daily

Name
Email


FOLLOW US

 * Forkast's profile on Twitter
 * Forkast's profile on LinkedIn
 * Forkast's profile on Facebook
 * Forkast's profile on Instagram

 * Latest News
   * Enterprise
   * Markets
   * Regulatory
   * Opinion
   * Forkast+
 * Asia-Pacific
   * Australia
   * China
   * Hong Kong
   * India
   * Japan
   * SE Asia
   * Singapore
   * South Korea
 * Blockchain
   * CBDCs
   * DeFi
   * NFTs
 * Crypto
   * Bitcoin
   * Ethereum
   * Cardano
   * XRP
   * Stablecoins
   * Altcoins
 * Learn
   * Explainers
   * Digital Assets Report
   * China Blockchain Report
   * State of the NFT Market
 * Watch & Listen
   * The Daily Forkast
   * Word on the Block
 * Forkast+
   * NFT founding membership
   * Insider membership
   * Group Membership
   * Membership FAQ
   * Events
   * Newsletters
 * About Us
   * Our Story
   * Join Our Team
   * Contact
   * Cookies
   * Terms of Service

user-signalWir schätzen Ihre Privatsphäre
Alles ablehnenAlles akzeptieren
Wir und unsere Partner informationen auf einem gerät speichern und/oder abrufen.
Für die Ihnen angezeigten Verarbeitungszwecke können Cookies, Geräte-Kennungen
oder andere Informationen auf Ihrem Gerät gespeichert oder abgerufen werden.
Anzeigen und Inhalte können basierend auf einem Profil personalisiert werden. Es
können Daten hinzugefügt werden, um Anzeigen und Inhalte besser zu
personalisieren. Die Leistung von Anzeigen und Inhalten kann gemessen werden.
Erkenntnisse über die Zielgruppen, die die Anzeigen und Inhalte gesehen haben,
können abgeleitet werden. Ihre Daten können verwendet werden, um bestehende
Systeme und Software zu verbessern und neue Produkte zu entwickeln.

Einige Partner bitten nicht um Ihre Zustimmung zur Verarbeitung Ihrer Daten und
verlassen sich stattdessen auf deren berechtigtes Interesse. Sehen Sie sich
unsere Liste der Partner an, um zu sehen, für welche Zwecke sie ein berechtigtes
Interesse haben und wie Sie dagegen Einwände erheben können.

Ihre Auswahl auf dieser Website wird für diese Website angewendet. Sie können
Ihre Einstellungen jederzeit ändern, indem Sie Ihre Einwilligung widerrufen,
indem Sie auf das Schlosssymbol in der unteren rechten oder linken Ecke klicken.

checklistZweckesettings-toggle-horizontalPartner
Powered By