On Nov. 23, the OXT researcher verified a stash of bitcoins that are likely tied to Grayscale’s GBTC cache held by Coinbase.
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics that confirm Coinbase Custody holds a balance of 633K bitcoin that likely belongs to the Grayscale Bitcoin Trust .
The digital asset fund manager detailed that all of the company’s digital assets are stored with Coinbase Custody Trust Company. On the Grayscale website, the firm says Coinbase Custody is a qualified custodian under New York banking laws and the funds are kept in “cold storage.” The one thing Grayscale did not disclose is the company’s digital asset addresses and it did mention why it chose not to share the wallets. Grayscale explained that it has never publicly disclosed onchain addresses to the general public “due to security concerns.” The claim was criticized andDespite Grayscale’s non-disclosure, the OXT researcher (
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC – Market Updates Bitcoin NewsBitcoin moved back above $16,000, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion.
Baca lebih lajut »
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin NewsA moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York.
Baca lebih lajut »
DCG Subsidiary Foundry to Acquire 2 'Turnkey' Bitcoin Mining Facilities From Compute North – Bitcoin NewsOn Tuesday, the mining and staking firm Foundry Digital announced it has plans to acquire two bitcoin data centers from Compute North.
Baca lebih lajut »
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’ – Bitcoin NewsThe news Coinbase CEO Brian Armstrong shared comes at a time when the public is looking directly at exchange balances following FTX’s turbulent collapse.
Baca lebih lajut »
RuPaul’s DragCon LA returns in 2023, with tickets going on sale this weekDiscount codes for RuPaul’s DragCon LA will be available Wednesday, Nov. 23 through Monday, Nov. 28.
Baca lebih lajut »
Author Louise Penny will take part in Arts & Letters Live event Nov. 29The 18th book in her Armand Gamache mystery series is due out the same day.
Baca lebih lajut »