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Changpeng Zhao Responds to Security Concerns Regarding Binance Addresses Holding over 200,000 BTC: Addresses Starting with 3 Are Likely Multi-Signature Addresses.
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According to ChainCatcher, a crypto KOL posted on the X platform that the top-ranked Bitcoin rich list address is a Binance-related address, a wallet address starting with "3" holding over 200,000 BTC. The KOL questioned the security of Binance storing such a large amount of Bitcoin in a single address, expressing concern about the risk of it being compromised by private key collision attacks. In response, CZ stated, "An address starting with 3 …
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