Binance's Zhao Sparks Speculation with Suggestion to Burn Altcoins in Public Wallet - Cryptodnes EN

CONTACT HomepageAltcoinsBitcoinRegulationsBlockchainFinTechAnalysisCrypto CrimeOthersEconomyPress ReleaseCryptocurrency 03.04.2025 Home » Altcoins 29.03.2025 12:00 2 min. read SHARES Changpeng Zhao, the founder of Binance, recently sparked a wave of speculation in the crypto community after hinting at the possibility of burning all the altcoins in his public wallet.Zhao posed a question on social media asking if there was a quick way to burn all the tokens in a Binance Smart Chain (BSC) address, which led to widespread curiosity about his intentions with these assets.It’s essential to clarify that Zhao did not personally purchase most of these tokens. Instead, many were sent to his wallet by altcoin developers seeking to garner attention for their projects.In response to a suggestion that he send these tokens to a burn address, Zhao noted that his wallet contains over 100 different altcoins, making the idea of manually sending them one by one to a burn address a tedious task. READ MORE...