Dorsey's Block unveils Bitcoin proof-of-reserves in transparency move

Blockβs proof-of-reserves will enable anyone to verify the companyβs 8,883 Bitcoin stash worth over $680 million through an on-chain signature.

Blockβs proof-of-reserves will enable anyone to verify the companyβs 8,883 Bitcoin stash worth over $680 million through an on-chain signature.

Jump Crypto, the team behind Firedancer, said Falcon has the smallest signature among NIST standards, which could help preserve Solanaβs high-throughput capabilities.

As part of its launch, the MARA Foundation has asked the community to vote on which of three Bitcoin companies should receive a $100,000 contribution.

About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.

More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed.