The post WazirX Asset Rebalancing: What’s Behind the Cold Wallet Shuffle? appeared first on Coinpedia Fintech News
Users have been updated about ongoing Asset rebalancing, which relates to the transfers of assets between cold storage wallets. In a recent tweet, the pair explained that this is a temporary centralization of the assets for final distribution in order to secure cold wallets. The announcement intends to respond to such queries in regard to the observed unexpected wallet activity in the process. WazirX stated to its users that all the cold wallets and all tokens that are stored in those wallets will be disclosed to the public once the balancing and managing of the pockets are done. As much as possible the users are encouraged to wait and wait for updates once the process is completed.