According to @MilkRoadDaily, during the collapse of FTX, @Nsantoma at Binance observed market panic and proposed implementing proof of reserves as a solution to restore user confidence. Binance CEO CZ adopted this proposal and tweeted about it within minutes, establishing proof of reserves as an industry-wide standard that other exchanges quickly followed. This move directly influenced market sentiment for major cryptocurrencies like BTC and ETH, reinforcing the importance of transparency and risk management in crypto trading, as per the source.

According to @KookCapitalLLC, there is a notable trend on Crypto Twitter where key opinion leaders (KOLs) criticize the use of referral links in bios or posts, despite some previously promoting other questionable projects. This behavior, highlighted by @KookCapitalLLC, raises concerns about transparency and trust among influencers in the crypto trading community. Traders are advised to closely evaluate the motivations behind shilled links and influencer endorsements, as inconsistent standards may affect market sentiment and trading decisions. (Source: @KookCapitalLLC on Twitter, June 10, 2025)

According to Mark Cuban, Dogecoin claims transparency in its operations and discourages questioning, aligning with the principle that transparency implies nothing to hide. This perspective could impact traders by fostering trust in Dogecoin's governance, potentially influencing trading decisions and market stability. Source: Mark Cuban on Twitter.