Binance just moved 9,001 Bitcoin (BTC) worth about $82 million to a new, unknown wallet. The Bitcoin will be used to back a new token on Binance Chain that’s pegged 1:1 with BTC. The token, called BTCB, is designed to give traders a way to essentially buy and sell Bitcoin on Binance’s decentralized exchange. “The […]The post Binance Moves 9,001 BTC As Crypto Exchange Prepares to Launch Bitcoin-Backed Cryptocurrency appeared first on The Daily Hodl.