In the world of crypto, trust is everything, whether you like it or not. Recent Proof-of-Reserves (PoR) announcements from exchanges like KuCoin and Coinex on July 10th and OKX on July 9th, coupled with ongoing reports from pioneers like Kraken, signal a profound industry shift. That wave of transparency is a direct response to the trust shattered by the catastrophic collapse of FTX, forcing a central question: has crypto really changed? The answer is a complex “yes,” as PoR’s adoption is a monumental leap from past opacity, though it is not a silver bullet, and some prominent figures have even called the practice a “bad idea.” The industry’s move to PoR was forged by crisis
source: https://www.coinspeaker.com/proof-of-reserves-has-crypto-really-changed-since-ftx-collapse/