Binance, the world’s largest cryptocurrency exchange by volume, recently made a call for calm in the crypto world with an announcement of a sizable Bitcoin (BTC) transfer from its cold wallet. Significant Bitcoin Transfer Alert from Binance Binance recently announced through its official Twitter account that it will be transferring a significant amount of BTC from its cold wallet to a new Bitcoin wallet address. In the statement, it was noted that a substantial amount of BTC would be transferred to the newly disclosed Bitcoin wallet address “1Pzaqw98PeRfyHypfqyEgg5yycJRsENrE7t” from the cold wallet, and that this transfer should not cause panic. The massive cryptocurrency exchange, however, did not disclose the amount of BTC to be transferred to the specified wallet address. Binance in SEC’s Crosshairs Binance is going through tough times after a lawsuit was opened by the US Securities and Exchange Commission (SEC) alleging that it listed unregistered securities. The […]
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