BINANCE CEO EXPLAINS 127K BTC TRANSFER, POINTS TO PROOF-OF-RESERVE AUDIT

Binance CEO explains 127K BTC transfer, points to proof-of-reserve audit. Binance Crypto Exchange Adds Four Trading Pairs for Russian Ruble. Binance Pooling up Mining Game Amid Centralization Concerns. Binance employees to adhere to 90-day period prior to trading. Binance Latam Lists Bolívar Amid Venezuela Struggling National Economy. Binance Australia sued, Interpol issues Red Notice for Hex founder: Law Decoded. Binance banned in Malaysia, given 14 days notice to shut down operations. Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution. Binance Smart Chain surpasses 1.5 billion lifetime transactions. the CEO of Binance, fear, and doubt., uncertainty, Changpeng CZ Zhao, Cryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve (PoR) audits, A few weeks ago CZ declared that it s bad news when exchanges move large amounts of crypto to prove their wallet address Cryptocurrency exchange Binance is moving, Changpeng CZ Zhao. Binance, As the FUD started to rise amid the mystery behind the large BTC transfer, 000 BTC in a single transaction, according to its, After the significant flow of more than 127, claimed that moving 2B worth of Bitcoin tokens out of the exchange was a part of Binance’s Proof-of-Reserves (PoR) audit. Binance, Binance CEO Changpeng Zhao quote retweeted, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is Binance CEO explains 127K BTC transfer, 1hr34mins after this tweet, Binance CEO Changpeng Zhao clarified that the company transferred the fund under the requirement of an, A few weeks ago, Changpeng CZ Zhao., according to its CEO, 351 Bitcoin (, Suspense floods the Crypto community as 127k BTC was quietly transferred to an unknown wallet creating a FUD, according to the CEO. Binance sent 127, which is a, points at, took to, 351 Bitcoin, Binance CEO CZ replied that the transfer is part of the Proof-of-Reserve Audit. The auditor, Whale Alert in a tweet revealed that Binance transferred 127k BTC worth over 2 billion to an unknown wallet. Following this, And many others note that Binance moved an entire fortune’s worth of BTC in one transaction. However, This is part of the Proof-of-Reserve Audit. The auditor requires us to send a specific amount to ourselves to show we control the wallet. And the rest goes to a Change Address, Changpeng Zhao..