Binance CEO Denies All Media Reports Claiming Binance Bought 101,266 Bitcoin On The Dip - BitcoinEthereumNews.com
BitcoinBinance CEO Denies All Media Reports Claiming Binance Bought 101,266 Bitcoin On The Dip06 / 19 / 2022बिटकॉइन एथेरियम समाचार- विज्ञापन - Binance CEO Refutes Claims That The Exchange Spent $2 Billion On Buying The Bitcoin Dip. CEO Changpeng Zhao commonly known as CZ has clarified that Binance didnt buy any Bitcoin over the weekend. Over the weekend, a few news websites went all out to claim that the Binance exchange was buying the Bitcoin dip. This was at a time was BTC‘s price had fallen below the $20k mark. Apparently, the reports cited an instance where Binance transferred around 101,266 BTC to a cold wallet. The exchange doesn’t deny transferring the coins but refutes any suggestion that it bought the dip. कोल्ड वॉलेट Crypto cold wallets have been a relatively popular option for crypto storage, especially by whales or top exchanges. Basically, cold wallets are wallets that are kept offline. Theyre mainly in the form of hardware devices that can be plugged into a computer. ये से अलग हैं गर्म बटुए that are kept online with an active internet conection. For example, trading taking place on exchanges is on hot wallets. While, exchanges mostly keep their funds in cold wallets as security away from the