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Anastasiya Belyaeva
26 July 2014

Firestartr leads "proof of reserves" check on Bitstamp

Anastasiya Belyaeva
26 July 2014

Bitstamp, the "Bitcoin Economy's Backbone", invited outside experts to lead a "proof of reserves" check in May. It was led by Mike Hearn from Vinumeris and Richard Muirhead from Firestartr. 

The check confirmed that Bitstamp had 183,000 Bitcoin in its wallet (or $110m), which covered customer deposits. 

 

Tagged: bitcoin, bitstamp

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