I previously wrote about Proof of Reserve and why it’s so important in the crypto industry. It’s a topic that has become increasingly prevalent in recent times, and as the SBF-FTX saga (and now Genesis!) continues its ugly unwind, it’s clear that there are glaring issues the crypto industry needs to address moving forward. Proof of Reserve by default, uses merkle tree snapshots (which you can read more about here). These have been the gold standard for good reason; they aggregate a custodian’...