What is next for crypto? Proof of reserves is not helping this mess

Key TakeawaysTrust in exchanges is rightfully gone, with customers pulling thousands of bitcoins out over the last month
Proof of reserves does nothing in its current format to broker trust
Regulators need to step in as the industry has lost run of itself
November. Not good in the crypto markets.
But as we turn the page to December, how is the future looking?
Exchange trust at all-time low
First things first. The collapse of FTX showed the world quite how opaque these centralised companies are.