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Flare has partnered with FlareDashboard, a community-managed database and dashboard providing data insights on Flare and Songbird infrastructure providers, enabling users to make informed decisions, per a press release on July 14.  Flare and FlareDashboard partner Flare aims to enhance transparency in its ecosystem by gaining valuable insights into the independent network infrastructure contributors who support its decentralized operations. Public platforms like Flare depend on a community of developers and other supporters. This compliance is part of the blockchain’s underlining principles of community and openness. Read more: Flare brings blockchain API to Google Cloud Marketplace Initially, Flare will prioritize data providers for Flare Time Series Oracle (FTSO), which offers decentralized price feed data to the network. The collaboration will gradually expand to include all infrastructure participants, validators, and State Connector attestation providers....

Lennix Lai, managing director of Global Institutional at OKX spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry. The global Cryptocurrency Exchange OKX released its fifth edition of its proof- of- reserves (PoR) report, which it began releasing in Nov. 2022 in its effort for more Transparency in the industry.  According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ethereum (ETH) and the Tether stablecoin (USDT). This puts the reserve ratios of BTC, ETH and USDT at 103%, 103% and 102%, respectively. This latest release also comes as the exchange upgraded its PoR system with more transparency by making full liabilities (i.e. the total balance of user deposits) publicly accessible. Cointelegraph spoke with Lennix Lai, the managing director of Global Institutional at OKX, regarding these extra steps towards transparency. Lai said that recent events in industry highlight that, “crypto-native challenges require cry...