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Wendy O
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Bem, bem, bem, o que temos aqui?
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Michael Saylor Warns Against Onchain Proof-of-Reserves Over Security Concerns Michael Saylor, executive chair of Strategy, criticized the practice of institutions publishing on-chain proof-of-reserves, calling it a “bad idea” that poses significant security risks. He argued that revealing wallet addresses undermines the security of issuers, custodians, exchanges, and investors. While proof-of-reserves has become more common in the crypto industry, especially after the FTX collapse, as a way to promote transparency, Saylor contended it only shows what a company holds, not what it owes. He also declined to say whether Strategy would publish its own proof-of-reserves. Source: Cointelegraph
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I’m going to do some live media at the @rumblevideo booth at BTC 2025 after wrapping up my segment at @NEWSMAX
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BITCOIN STRATEGIC RESERVE IS COMING!
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Crypto things you might have missed: -Trump Media to buy $2.5B Bitcoin 📈 -Michael Saylor says proof-of-reserves is a bad idea -Huge gaming firm launches ETH Treasury Strategy -Cardano ETF deadline is this week -@circle files for IPO -Elon says X money is coming!
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Ummmm. What did I miss in the last few hours…
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