[HN Gopher] Kraken.com: Proof of Reserves
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Kraken.com: Proof of Reserves
Author : kkm
Score : 22 points
Date : 2022-11-13 15:46 UTC (7 hours ago)
(HTM) web link (www.kraken.com)
(TXT) w3m dump (www.kraken.com)
| cowtools wrote:
| Interesting how a company named crackin is run by a white guy.
| makes you think.
| expazl wrote:
| https://en.wikipedia.org/wiki/Kraken
| abbadadda wrote:
| I've heard good things about Kraken. I'd be interested to learn
| more about who the founders are and how reputable they seem, as
| well as learning more about where the funding originates.
| pedalpete wrote:
| Along with Coinbase, my understanding is they are one of the
| more reputable exchanges. Looks like they are the 3rd largest
| exchange now behind Binance and Coinbase.
| https://coinmarketcap.com/rankings/exchanges/
|
| The founder moved from CEO to Chairman earlier this year. He's
| always said they never have traded with customer funds, though
| they have offered leverage to customers, I'm not sure how that
| was accomplished, or what backed it.
|
| https://techcrunch.com/2022/10/11/kraken-jesse-powell-
| crypto....
| Stention314 wrote:
| Funny, imagine something like this would actually be regulated.
|
| Mmhhh regulation to protect consumers... Mmhhh how could we make
| this possible? Sounds unrealistic to regulate something as big as
| a financial sector.
|
| Perhaps PoR could be a solution to something so unregulatable? Or
| perhaps just use what we have fine-tunes the last 100 years?...
| rdtwo wrote:
| Anyone holding crypto on exchanges is nuts.
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(page generated 2022-11-13 23:01 UTC)