Comparing HTX, Gate.io, and Bitget Through Proof of Reserves
Unless explicitly tagged and identified, it was impossible to track what wallets an exchange owns, or might own. As a result, the idea of Proof of Reserves (PoR) emerged.

Unless explicitly tagged and identified, it was impossible to track what wallets an exchange owns, or might own. As a result, the idea of Proof of Reserves (PoR) emerged.
Elon Musk's AI chatbot, Grok, humorously aligns with Dogecoin as its favourite cryptocurrency, mirroring Musk's affection for the coin's origin and meme appeal.
HTX, the digital-asset trading platform associated with industry figure Justin Sun, witnessed a considerable $258 million net outflow following its reactivation after a significant security breach. Data from DefiLlama between November 25 and December 10 showcased the funds departing the exchange, signifying unease among some clients due to the prior security incident. HTX encountered a $30 million loss in crypto tokens during the breach, prompting temporary suspension of withdrawals and deposits as a precautionary measure.
Despite a viral claim suggesting Grok could access draft posts on Elon Musk's X platform, independent fact-checking reveals it to be satirical. Grok's limited capabilities focus on public posts, ensuring user privacy during the ongoing access rollout for X Premium+ subscribers.
This incident follows a string of exploits related to Justin Sun, who just saw Poloniex suffer a $100 million hack this month.
Elon Musk has introduced Grok, an artificial intelligence bot developed by his xAI company, aimed at challenging ChatGPT 3.5. Grok is currently in testing with a limited group of US users and is designed to be better informed on the latest developments due to its access to data from Musk's X. It is described as having a rebellious streak and a touch of wit in its responses. Musk's ambition is to expand X into a versatile app similar to Tencent's WeChat, with Grok playing a key role in its development.
Although Grok's appearance of leniency appears to contrast with Elon’s expressed concerns about AI, xAI has committed to establishing protective measures to mitigate the risk of misuse.
Elon Musk's xAI launches Grok, an AI challenger with real-time data and wit, yet safety concerns persist in the evolving sector.
Users won't have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if issues arise.
What Happened: A team with more than 10 years of traditional game development experience, who have participated in well-known projects ...