Binance CEO explains 127K BTC transfer, points to proof-of-reserve audit By Cointelegraph
[ad_1]
Binance CEO explains 127K BTC transfer, points to proof-of-reserve auditCryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve (PoR) audits, according to its CEO, Changpeng “CZ” Zhao.
Binance sent 127,351 (BTC), or more than $2 billion, to an unknown wallet on Nov. 28, Whale Alert reported on Nov. 28. According to on-chain data, the transaction occurred at 10:00 am UTC, costing Binance a fee of just 0.000026 BTC ($0.42).
Continue Reading on Coin Telegraph
[ad_2]
Source link
Binance CEO explains 127K BTC transfer, points to proof-of-reserve auditCryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve (PoR) audits, according to its CEO, Changpeng “CZ” Zhao.
Binance sent 127,351 (BTC), or more than $2 billion, to an unknown wallet on Nov. 28, Whale Alert reported on Nov. 28. According to on-chain data, the transaction occurred at 10:00 am UTC, costing Binance a fee of just 0.000026 BTC ($0.42).
Continue Reading on Coin Telegraph
About The Author
