Источник
CryptoPotato.com, Sofia, Bulgaria


Заголовок
Coinbase CEO Denies Selling ‘Paper Bitcoin’ to BlackRock and cbBTC Claims


Дата
20240916


Этим цветом    обозначаются известные системе слова и выражения,
принимавшие участие в анализе данного текста, а таким    - идентифицированные,
то есть соотнесенные с каким-либо объектом онтологической базы

============= Обработанный текст:

Coinbase CEO Denies Selling ‘Paper Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’ to BlackRock and cbBTC Claims Coinbase CEO Denies Selling ‘Paper Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’ to BlackRock and cbBTC Claims Author: Wayne Jones Last Updated Sep 16, 2024 @ 15:19 Brian Armstrong confirms cbBTC is backed by Coinbase itself, addressing rising community skepticism over the product s transparency. Coinbase founder and CEO Brian Armstrong has denied speculations that the company has sold paper Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to BlackRock without maintaining a 1:1 backing. The allegations have caused debate in the crypto community, with some accusing Coinbase of lacking transparency in its Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin reserves. Brian Armstrong Dispels the Rumors In a statement on X addressing crypto analyst Tyler Durden, Armstrong explained that the minting and burning of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin for BlackRock’s spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF are conducted transparently and on-chain. Durden had shared data from Cryptoquant showing that Coinbase was the biggest buyer and seller at both market highs and lows. Additionally, he implied that the exchange was letting BlackRock borrow BTC without providing collateral. And with BlackRock having one of the largest Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holdings in the world, the analyst suggested that the two firms could potentially be profiting off the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта by controlling its dips and rises. However, the Coinbase CEO has refuted the allegations. He referred to Durden’s concerns as “the norm” for institutional clients, emphasizing that Deloitte audits Coinbase annually, with the results publicly available for verification. He also pointed out that the company cannot share its institutional clients’ wallet addresses, citing privacy concerns. “I doubt our institutional clients want people dusting all their addresses, and it’s not our place to share for them,” he stated. Bloomberg analyst Eric Balchunas also weighed in on the controversy, denying the latest claims. He wrote on X: I get why these theories exist and people want to scapegoat the ETFs. Because it is too unthinkable that the native HODLers could be the sellers. But they are. He also added that ETFs such as that offered by BlackRock have helped stabilize bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s price during periods of market volatility. cbBTC Controversy Armstrong was also forced to address issues concerning his company’s wrapped Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin product, cbBTC. He admitted that cbBTC is backed by a centralized custodian, which in this case is Coinbase itself. However, Durden responded to Armstrong’s assertion with an apparent quote from BTC’s anonymous creator Satoshi Nakamoto that read, “Don’t trust, verify.” Another community member voiced similar concerns, saying: “They will not provide any proof of reserves for the BTC they claim they have, nor any proof of backing for their new paper BTC called cbBTC.” Earlier, Tron (TRX) founder Justin Sun had lambasted Coinbase’s new offering, claiming it had no Proof of Reserve, lacked audits, and could allegedly freeze user funds. The launch of cbBTC has put Coinbase in direct competition with BitGo’s Wrapped Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin (WBTC), soon to be managed by Justin Sun’s firm. As such, some observers have speculated that the recent accusations could be tied to a broader battle for market share between these two key players in the derivatives space. SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance ( full details ). LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free! Tags: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin BlackRock Coinbase Justin Sun

============= Итог:
3,0990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета
	#Криптовалюта#Bitcoin