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The exchanges are nothing more than black box casino businesses. No robust proof of reserves. Zero transparency. Tone deaf af… Buy #Bitcoin and withdraw from exchanges my friends.

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Jesse Powell

@jespow

· May 27

We might be in for some

fireworks when the @terra_money 2.0 markets go live. Some exchanges are reassigning the $LUNA ticker from Terra Classic to be used for Terra 2.0. Is it enough notice for API traders/bots? Complicated by #LUNA continuing to be used for Classic by others. twitter.com/krakenfx/statu…

Jesse Powell

@jespow

Replying to

@Nemo103108

This is pretty robust Proof of Reserves. I won't argue against buying #bitcoin and withdrawing though!

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Kraken Exchange

@krakenfx

· Feb 3

NEW

Kraken passes cryptographically verifiable Proof of Reserves audit proving we hold 100% of client bitcoin and ether balances. Learn more: blog.kraken.com/post/12774/ver

12:51 AM · May 28, 2022Twitter Web App

Replying to

So I can monitor my unique public keys to make sure “my” coins aren’t being moved or commingled? Is there risk of rehypothecation? And maybe I misunderstood but it seemed like you just announced you’ll be facilitating Terra 2.0 txs on Kraken… just doesn’t seem like the way.