Binance CEO explains 127K BTC transfer, points to proof-of-reserve audit
A few weeks ago, CZ declared that it’s bad news when exchanges move large amounts of crypto to prove their wallet address.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A few weeks ago, CZ declared that it’s bad news when exchanges move large amounts of crypto to prove their wallet address.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Is a Bitcoin whale from 2018 about to cash in after awakening to transfer $188 million?
A Bitcoin holder has moved 2,931 BTC worth about $188 million for the first time since October 2018, yet the coins still haven't s...
Binance Proof of Reserves Rock Bitcoin News Amid BTC Gains and Thin Stablecoin Depth
In the latest Bitcoin news, Binance customer Bitcoin holdings climbed to approximately 640,295 BTC in June, adding 7,715 BTC, a 1....
China’s Prosecutors Move to Treat Crypto Mixers as Evidence of Money Laundering
Bitcoin Magazine China’s Prosecutors Move to Treat Crypto Mixers as Evidence of Money Laundering China’s Supreme People’s Procurat...
US Government Shifts $12.36M in ETH, USDC and USDT to Coinbase After Monday’s BTC Move
The U.S. government moved $12.36 million in ether, USDC and USDT out of a Bitfinex hack seizure wallet on Tuesday, July 14, sendin...
Airbnb’s 9 million listings could unlock crypto host financing while the homes stay off its balance sheet
Airbnb co-founder and CEO Brian Chesky took to X (formerly Twitter) to argue that real-world asset tokenization should be judged b...
XRP’s $1 rebound faces holders trapped above $2
Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% abov...