Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Arkham’s Alleged Saylor Wallet Revelation: Disputed Claims Emerge

Arkham’s Alleged Saylor Wallet Revelation: Disputed Claims Emerge

TheccpressTheccpress2025/05/29 02:56
By:in Bitcoin News
Key Points:
  • Dispute over Arkham revealing MicroStrategy’s wallet addresses.
  • Saylor opposes proof-of-reserves despite industry trends.
  • Concerns about security and transparency raised at Bitcoin event.
Michael Saylor Faces Bitcoin Wallet Transparency Debate

Michael Saylor, Chairman of Strategy (formerly MicroStrategy), recently faced unverified claims suggesting Arkham revealed the company’s Bitcoin wallet addresses, despite warnings. The discussion centers on Saylor’s opposition to public proof-of-reserves amid broader industry trends.

The event highlights industry tensions between transparency and security practices, intensifying after the FTX collapse. Ongoing reactions emphasize a growing debate over best practices in cryptocurrency management and stakeholder trust.

Bitcoin 2025 Conference Insights

At the Bitcoin 2025 conference in Las Vegas, Michael Saylor expressed strong opposition to publicizing Bitcoin wallet addresses, citing potential security risks. Industry transparency practices are under scrutiny given Arkham’s unconfirmed claims about revealing Strategy’s Bitcoin addresses.

Michael Saylor, a prominent Bitcoin advocate, voiced concerns about security at the event. Critics responded, emphasizing the importance of transparency. Analyst Pledditor criticized Saylor’s position as a “red flag” for potential investors.

Strategy’s substantial Bitcoin holdings underscore its influence in the crypto space. Saylor’s stance contrasts with industry moves towards on-chain proofs .

Market analysts highlight the risks and benefits of more transparency in cryptocurrency holdings.

Industry’s Stance on Proof-of-Reserves

The crypto industry remains divided on the necessity and impact of public proof-of-reserves. Some stakeholders, including major exchanges, have embraced transparency, while others cite potential security implications. Debate is likely to continue as practices evolve.

Historical trends show increased adoption of transparency measures post major market disruptions. The outcome could influence future regulations, as policymakers observe industry practices closely. Saylor’s remarks may shape strategic discussions within large crypto-holding institutions.

Michael Saylor, Chairman, MicroStrategy – ‘If you publish your wallets, that’s an attack vector for hackers, nation-state actors, every type of troll imaginable. It creates so much liability you should think twice before you ever do it.’

Potential regulatory developments could arise from these transparency debates. Past trends suggest increased scrutiny from financial regulators. Technological advancements may offer new solutions, balancing security and stakeholder trust in the cryptocurrency financial ecosystem.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04