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Coin Metrics researchers found a discrepancy of $ 84 million in Ripple reporting and XRP

According to analysts at Coin Metrics, in the course of studying the previous quarterly reports of Californian company Ripple, they revealed significant discrepancies between the figures stated there and the data of the public XRP blockchain. CM CM Data Card, Addendum, Addendum, Adventurum, […]

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According to analysts at Coin Metrics, in the course of studying the previous quarterly reports of Californian company Ripple, they revealed significant discrepancies between the figures stated there and the data of the public XRP blockchain.

In particular, in the reports for the third quarter of 2018 and the first quarter of 2019, Ripple underestimated the volume of XRP issued from the e-escrow wallet. The total discrepancy, according to analysts, was about 200 million XRP or $ 84 million at the rate at the time of publication of the report.

It also says that the escrow queue »XRP works differently than Ripple claims. According to the company, unused funds are sent back to the store, re-released in the first month without existing security.

However, as the XRP blockchain data shows, in reality Ripple distributes tokens, maintaining a monthly provision of 1 billion XRP.

Also, analysts at Coin Metrics have found that Ripple launches additional XRPs from its escrow wallets that are not part of the process described above. According to their data, as of today, 55 million XRPs have been issued this way, most of which was then sent to the Bitstamp exchange.

Recall that on May 1, 1 billion XRP tokens were unfrozen on the Ripple escrow account. They are expected to be used for various changes in the Ripple ecosystem, as well as for direct sales.

In April, Ripple company published a financial report for the first quarter of 2019, according to which sales of XRP tokens increased by 31% compared with the previous quarter, reaching $ 169.42 million.

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ARK Invest Deshace Acciones de Coinbase y GBTC por Millones en Medio del Auge del Mercado

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ARK Invest: $33 Millones en Acciones de Coinbase y $5.9 Millones en GBTC

ARK Invest, liderada por Cathie Wood, continúa navegando sus movimientos estratégicos de acciones en el mercado, realizando ventas destacadas de acciones de Coinbase y Grayscale Bitcoin Trust (GBTC) en medio del continuo aumento de los precios del mercado.

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El Descuento de GBTC se Reduce a Medida que Aumenta el Precio de Bitcoin

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El Descuento de GBTC se Reduce a Medida que Aumenta el Precio de Bitcoin

Grayscale Bitcoin Trust (GBTC), uno de los vehículos de inversión en criptomonedas más grandes y populares, ha visto su descuento reducirse significativamente en los últimos días a medida que los alcistas continúan elevando su precio. Según datos de Kaiko, una plataforma de inteligencia blockchain, el descuento del GBTC, que mide la diferencia entre el precio de mercado y el valor liquidativo (NAV) del fideicomiso, está en su nivel más estrecho en años, con solo el 8% hasta ayer. (más…)

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IBM Presenta OSO, Diseñada Para el Almacenamiento en Frío de Activos Digitales

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IBM presentó una nueva tecnología denominada «IBM Hyper Protect Offline Signing Orchestrator» (OSO), diseñada para gestionar activos digitales en almacenamiento en frío. Esta innovación surge como respuesta a los riesgos asociados con los procedimientos manuales y tiene como objetivo mantener los activos a una distancia segura de las conexiones a Internet. (más…)

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