Elon Musk Brian Armstrong Bitcoin Blockchain Twitter coinbase Elon Musk Brian Armstrong Bitcoin

Independent research verifies GBTC's 633K Bitcoin: So why won't Grayscale?

Reading now: 447
cointelegraph.com

With digital asset management firm Grayscale refusing to provide proof of reserves for its Grayscale Bitcoin Trust (GBTC), an independent analyst has spent days combing through the blockchain to independently verify its holdings.The OXT Research analyst, Ergo, used on-chain forensics to confirm that as of Nov.

23 that the GBTC owns approximately 633,000 Bitcoin (BTC) held by its custodian, Coinbase Custody.The Grayscale G(BTC) Coins Part 2In this analysis we use additional on-chain forensics to CONFIRM the approximate 633k BTC balance held by G(BTC) at Coinbase Custody.Which begs the question, why does Grayscale refuse to disclose their on-chain holdings?

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA