Proof of reserves is being improved to increase transparency for companies holding digital assets. 🌟

- Web3 and TRES are developing an automatic proof of funds mechanism, updated in real time.

- Tal Zackon from TRES: "Current mechanism can be manipulated, needs monitoring and auditing of onchain assets."

- FTX's collapse is testament to the need for effective asset monitoring.

- Binance and Kraken have different approaches to proof of reserves.

- Chainlink and Glassnode provide onchain monitoring solutions.

- The need for standardized reporting increases as traditional companies adopt digital assets.

- Coinbase survey: 64% of current crypto investors will increase their allocation in the next 3 years.

What do you think about the future of proof of reserves? Comment! 💬#Crypto#Blockchain#BTC#Finance#Tech#Regulation