Binance says its SAFU fund transfer is complete, and the size is eye-catching.
• 7,499 $BTC moved, worth roughly $581M (ChainCatcher)
• Whale Alert flagged the wallet move first, then Binance confirmed it
• Reuters reports about $6B of the $6.3B stolen has been replaced
My take: fast, public confirmation matters more than the transfer itself in rebuilding trust. Proof of reserves will be the next thing people watch.
Which would reassure you most right now: on-chain proof of reserves, regular recovery updates, or something else?
#Binance #SAFU #Bitcoin #CryptoNews
• 7,499 $BTC moved, worth roughly $581M (ChainCatcher)
• Whale Alert flagged the wallet move first, then Binance confirmed it
• Reuters reports about $6B of the $6.3B stolen has been replaced
My take: fast, public confirmation matters more than the transfer itself in rebuilding trust. Proof of reserves will be the next thing people watch.
Which would reassure you most right now: on-chain proof of reserves, regular recovery updates, or something else?
#Binance #SAFU #Bitcoin #CryptoNews