After the mess of FTX, the term “proof of reserves” or PoRs gained the attention of the crypto community. While many of the crypto firms do not seem comfortable providing PoRs, still analysts seem the...
Tag: 633K
Analyst Confirms GBTC’s 633K Bitcoin Claim Despite Grayscale’s Reluctance to Share Proof of Reserves
An independent analyst has confirmed that GBTC owns approximately 633,000 Bitcoin held by its custodian – Coinbase Custody. This comes as Grayscale, the asset manager running the world’s largest bitco...
Independent research verifies GBTC’s 633K Bitcoin: So why won’t Grayscale?
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 indep...