Binance net withdrawals topped $3.6B over the last 7 days: Report
The sudden uptick in outflows may have been caused by market makers leaving the exchange. Go to Source Powered by WPeMatico
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Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’
Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity. Go to Source Powered by WPeMatico
BTC price shakes off Binance ‘FUD’ as analysts eye Q1 2023 Bitcoin bottom
BTC price stability remains for the time being, but there’s plenty in store to “scare” Bitcoin traders. Go to Source Powered by WPeMatico
US DOJ split over charging Binance in the 2018 AML investigation: Report
Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nations barring the U.S. Go to Source Powered by WPeMatico
Binance’s proof-of-reserves raises red flags: Report
Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern. Go to Source Powered by WPeMatico
Abnormal token price movements on Binance not hack-related, confirms CZ
On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue. Go to Source Powered by WPeMatico
SBF tried to destabilize crypto market to save FTX: Report
Trades made by Alameda Research were focusing on depeg Tether’s stablecoin. Go to Source Powered by WPeMatico
Binance suspends trader’s account after complaints on Twitter
Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients. Go to Source Powered by WPeMatico
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero … Read more
CZ and SBF duke it out on Twitter over failed FTX/Binance deal
The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal. Go to Source Powered by WPeMatico