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More than $7 billion worth of stablecoins were withdrawn from the largest cryptocurrency exchange Binance in 24 hours, while the influx of “stable coins” during the same period was around $4 billion.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