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Michael Saylor calls the on-chain reserve proof released by institutions a "bad idea" and a security risk

2025-05-27 12:29:01
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ChainCatcher news, according to CoinTelegraph, Bitcoin investment company Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor stated during an event at the Bitcoin 2025 conference in Las Vegas on May 26 that the on-chain reserve proof released by institutions is a "bad idea," as it increases security risks and undermines the safety of issuers, custodians, exchanges, and investors.

He suggested using artificial intelligence to deeply analyze the security issues that may arise from releasing wallet addresses, believing that this could lead to numerous security vulnerabilities.

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