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Binance's CZ and Ethereum's Vitalik Agree on New Idea as BNB Remains Stagnant

1 min read Original Link

The CEO of Binance, CZ, agreed with Vitalik Buterin that Centralized Exchanges (CEXes) needed to produce public evidence showing user safety. Of course, CZ had initially pushed the Proof-of-Reserves idea in response to the calamity that befell FTX users, with several exchanges adopting the model.

However, Ethereum’s [ETH] co-founder proposed that the model could be improved, with CZ confirming that the exchange team could implement the idea.

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