**[Primus Labs: The Main Street Incident Is Not Merely a Reserve Issue]** Foresight News reports that Primus Labs tweeted about the recent Main Street incident, stating that the event should prompt the industry to reflect on the true meaning of "verification." For a long time, the crypto industry has been accustomed to a certain model: publishing reserve figures, displaying them on dashboards, and asking users to trust that the underlying assets truly exist. As long as the market remains calm, this model often appears sufficient. Primus Labs pointed out that this incident is not merely a reserve issue but a visibility issue. The market has discovered that "reported figures" and "verifiable reserves" are not the same thing. Once confidence relies on obtaining additional information from the issuer, transparency ceases to be an inherent attribute of the system itself and instead becomes a form of collaboration. Primus Labs believes that verification should be cryptographic, continuous, and directly tied to the data source, without relying on the issuer to decide whether to provide more information or on intermediaries to interpret information on behalf of users. This principle is also the core design philosophy of its Proof of Reserve (PoR) product. Primus Labs is a company focused on verifiable data infrastructure, dedicated to providing verifiable data, behavior, and execution layer support for scenarios such as AI Agents and DeFi. Its core technological directions are zkTLS and zkFHE. The company completed a $6.5 million Pre-seed + Seed round of financing in February 2025, led by Dispersion VC, Symbolic VC, and VanEck, with participation from Samsung Next, Alchemy, Maelstrom Fund, and other institutions.