Binance Burned Over $575 Million in BNB

Binance Burned Over 5 Million in BNB

Cryptocurrency exchange Binance held its twenty-second quarterly Binance Coin (BNB) token burn. 2.06 million coins worth over $575 million were withdrawn from circulation. The 22nd quarterly $BNB token burn has been completed through #BNB Auto-Burn. Here’s everything you need to know about the first quarterly burn of 2023 and some words from @cz_binance ⬇️https://t.co/sIrWpnUxIL — … Read more

Investors in France file a complaint against Binance

Investors in France file a complaint against Binance

A group of French investors has filed a complaint against the local division of Binance for misrepresentation and non-compliance with the country’s laws. Write about it Reuters. According to the agency, customers of the bitcoin exchange have turned to the Paris prosecutor’s office. According to them, Binance conducted marketing campaigns on Instagram and Telegram before … Read more

CryptoQuant confirms Mazars data on Binance reserves

CryptoQuant confirms Mazars data on Binance reserves

Binance’s collateral data stated in the Mazars report is almost entirely in line with expectations. CryptoQuant experts say so. We compared Binance’s liabilities stated in the report with CryptoQuant’s on-chain metric: Binance BTC Reserve We found that Binance’s reported liabilities are very close to what we thought they would be (99%). Chart 👇https://t.co/vQIKn7ImYn pic.twitter.com/ihAyVgq6zP —CryptoQuant.com … Read more

Warning from Binance boss to bankrupt and jailed Crypto Masters

Warning from Binance boss to bankrupt and jailed Crypto Masters

Jakarta – CEO Binance Changpeng Zhao reportedly warned and criticized Sam Bankman-Fried for allegedly destabilizing the entire cryptocurrency industry, in a text message sent a few hours earlier FTP extensionBankman’s company, went bankrupt. In the text about the leaked Signal application, quoted detikINET of the New York Post, Zhao warned the FTX founder that if … Read more

Changpeng Zhao warns that the end of the cryptowinter is still far away

Changpeng Zhao warns that the end of the cryptowinter is still far away

The head of the Binance exchange, Changpeng Zhao, warned colleagues that the notorious crypto winter is not over yet and the coming months will not be easy. This is reported Bloomberg. The message to employees reads as follows: “By anticipating the turmoil in the coming months, we will get through this difficult period and will … Read more

The net outflow of stablecoins from Binance has reached $3 billion per day

The net outflow of stablecoins from Binance has reached  billion per day

More than $7 billion worth of stablecoins were withdrawn from the largest cryptocurrency exchange Binance in 24 hours, while the influx of “stable coins” during the same period was around $4 billion. USDT, BUSD and USDC are the most popular. Inflows and outflows in the context of various coins on Binance. Data: DeFi flame. This … Read more

Binance has restricted the withdrawal of stablecoin USDC

Binance has restricted the withdrawal of stablecoin USDC

Bitcoin exchange Binance withdrawal of stablecoin funds suspended USD currency (USDC) on Tron, BNB Chain and Ethereum networks. The restrictions did not apply USDT it is BUSD. #Binance is conducting a token exchange involving $USDC. Consequentially, $USDC withdrawals are temporarily suspended.$USDT & #BUSD withdrawals are available and unaffected. $USDC withdrawals will reopen once the token … Read more