XRP Whales Are Moving Millions From Binance As Looming Litigation Causes Record Outflows
Another 37,371,039 XRP worth $14 million moved from Binance to an unverified destination. Part of Binance’s outflows – which now amount to more than $1 billion – could partly be tied to the irregularities on the exchange’s recently declared proof of reserves by Mazars.
Binance Resumes USDC Stablecoin Withdrawals After Temporary Pause
Binance, the world's largest cryptocurrency exchange platform by daily volume, temporarily stopped processing USDC withdrawals due to inadequate USDC reserves on the platform, <a href="https://twitter.com/cz_binance/status/1602579499903852544">according</a> to Binance CEO Changpeng Zhao.
Binance Customer Withdrawals Exceed $3 Billion in 24 Hours
Behemoth crypto exchange Binance has seen massive withdrawals in the past week and—on Tuesday—the highest amount of one-day withdrawals since June, Nansen <a href="https://twitter.com/nansen_ai/status/1602618067598442503?s=20&t=C7L3gMFfEQF9Oq5pbgSWng" target="_blank">data</a> has revealed.
Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?
The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U.S. investigation into major crypto exchanges.
Binance Daily Withdrawals Surge Over $2 Billion in 24 Hours Amid Reserves Uncertainty
<a href="https://finbold.com/review/binance-review/">Cryptocurrency exchange Binance</a> has recorded a sustained wave of withdrawals after concerns emerged regarding the state of the trading platform’s reserves.
Tether Helps Binance Swap 3 Billion USDT to Ethereum From Tron
Tether announced that it's assisting crypto exchange Binance with a “chain swap,” which involves converting 3 billion USDT to the Ethereum network from the Tron network.
Crypto Exchange Binance Introduces Payments Service for US Customers
U.S.-based customers of Binance are now able to use the crypto exchange’s payments system, Binance Pay, to send money on their mobile app.
Binance Pauses USDC Withdrawals to Conduct Token Swap Involving BUSD
Binance is conducting a token swap of BUSD to USDC due to a massive increase in withdrawals for the latter.
Binance Exchange Daily BTC Withdrawals Top $500M As CZ Says ‘FUD Helps Us Grow’
Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”
CZ Blames Banks for Delay in USDC Withdrawals
Binance CEO Changpeng ‘CZ’ Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a Dec. 13 tweet.
