Sun Criticizes Coinbase's PoR Approach
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•Tron’s Justin Sun Demands Proof-of-Reserve From Coinbase Amid Controversy
64% Informative
Tron founder Justin Sun has stressed his demand for a Proof-of-Reserve from Coinbase amid the launch of its new product aka cbBTC in the market.
Sun emphasized the importance of transparency and highlighted the simplicity of revealing wallet addresses to boost trust in the industry.
Sun ’s comments came soon after Coinbase denied rumors of issuing Bitcoin IOUs to BlackRock .
The Bitcoin price has been showing strength gaining past $ 60,500 levels ahead of the FOMC meeting on Wednesday .
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