Knowing that most of the assets had recently been transferred from Grayscale’s previous security provider Xapo to Coinbase Custody, Ergo was able to use public data and chain forensics to attribute a balance of about 317,705 BTC in 432 addresses to likely GBTC custody activity.
To find the rest of the BTC held by GBTC, Ergo had to “scan the blockchain” in order to find additional addresses which fit the profile of those they originally found, and notes that while the analysis “certainly includes false positives and negatives,” theAnnouncing they had confirmed the holdings, Ergo added:Twitter user Skyquake-1 offered a possible answer, having dug up GBTC’s Securities and Exchange Commission filing from January 2017, which states that the custodian “may not disclose such...
Now transparency is one of the most important components
Now I'm wondering if USDC reserves exist. Otherwise, this story could happen again with Circle.
Transparency is the need of the hour.
People just have to learn to choose the right things, that's all. I chose Bitfinex as my main trading platform and have no problems at all. It's the same with crypto.
what this essentially means is that’s Coinbase does not hold 2m Bitcoin on there books. They own more like 1.357m Bitcoin this would mean there books are off and GBTC coins are held in custody there. Another circle jerk , Pull your funds people , Wake up. coinbase fraud
Cause it had to be borrowed first
⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️ GBTC != Btc They leveraged with the money to make more money. People wake up!
GBTC😂
lol, independent research my butt
cc CoinDesk You are next 🤣
Independent researcher they paid for
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter comedy account Dril says Musk's Twitter will be 'beautiful'One of Twitter's best-known comedy accounts, Dril, says Elon Musk's Twitter is going to be a 'beautiful thing' No one takes you seriously. Everyone knows you push propaganda, not news.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Elon Musk's 'Extremely Hardcore' Twitter - The Journal. - WSJ PodcastsSince Elon Musk bought Twitter four weeks ago, thousands of employees have been laid off, fired or decided to leave the company. WSJ's Alexa Corse explains what the company's leaner staff could mean for the platform. Further Reading: -Elon Musk Tells Twitter Staff to Work ‘Long Hours at High Intensity’ or Leave -Twitter’s Mass Resignations Test Elon Musk’s Management Playbook -Twitter Lays Off Some Sales Employees After They Committed to Twitter 2.0 Further Listening: -Why Elon Musk’s Twitter Is Losing Advertisers AlexaCorse I love the show i really do but my reaction to this one was: too shallow terrible reporting nothing of substance very biased . I.e. i learned nothing
Source: WSJ - 🏆 98. / 63 Read more »
Liberals warn Musk for signaling he might reinstate all banned accounts: ‘Swimming in Nazis’Liberals on Twitter raged Wednesday over Elon Musk's latest Twitter poll asking users if they want him to reinstate all banned Twitter users. When the actual nazis on the left call right wing people nazis. smh Do people saying this actually know what a 'Nazi' is? Geez the slandering
Source: FoxNews - 🏆 9. / 87 Read more »
Musk says he’s granting ‘amnesty’ to suspended Twitter accountsThe billionaire’s announcement came after he asked in a poll posted to his timeline to vote on reinstatements for accounts that have not “broken the law or engaged in egregious spam.” The yes vote was 72%. It’s called freedom of speech and not censoring people because other people are offended.
Source: wsfa12news - 🏆 338. / 59 Read more »
Twitter, others slip on removing hate speech, EU review saysTwitter took longer to review hateful content and removed less of it in 2022 compared with the previous year, according to European Union data released Thursday. Hate Speech You mean pointing out that the entire LGBTQQIAXYZ+ WORLD is suffering from Gender Dysphoria... a mental condition....? Yea we should be like them and jail people for words.
Source: WashTimes - 🏆 235. / 63 Read more »
Elon Musk says Twitter to provide 'amnesty' to some suspended accounts starting next weekElon Musk said on Thursday that Twitter will provide a 'general amnesty' to suspended accounts starting next week after running a poll on whether to do so for users who had not broken the law or engaged in egregious spam. Major advertisers should be stoked about this. Yup, he's creating a right wing hellscape. Boooooooooooo
Source: Reuters - 🏆 2. / 97 Read more »