Cryptocurrency exchange Binance has announced that it is resuming USDC stablecoins after temporarily pausing requests for several hours. The halt in withdrawals was announced as the world’s largest c...
Tag: Withdrawals
Binance net withdrawals topped $3.6B over the last 7 days: Report
Binance appears to be suffering from a decline in liquidity. A report from crypto analytics firm Nansen, indicates that Binance had net withdrawals of more than $3.6 billion from Dec. 7 to Dec. 13. Bi...
Binance Handles Massive Withdrawals Amid FUD
Earlier this week on Monday, the news break out that the U.S. DoJ is considering the possibility of filing criminal charges against Binance and its executives. As a result, the crypto exchange has wit...
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 data has revealed. Binance’s international ar...
Where’s BNB Coin Price Going Amid Binance FUD & Withdrawals?
Binance BNB Coin Price News: Small and retail crypto traders are still struggling to come to terms with the adverse impacts of the FTX bankruptcy. In this context, major crypto exchange Binance stayed...
Binance Ethereum-based token withdrawals top $2B in 24 hours
Binance recorded over $2 billion in outflows in Ethereum-based tokens since Dec. 12 –its highest daily withdrawal since June– according to Nansen data. Source: Nansen When Binance users’ withdrew asse...
Binance halts USDC withdrawals amid $1.9bn outflow
UPD: Binance resumed withdrawals of the USDC on Dec. 13, according to the company’s Twitter. On Dec. 13, Binance announced that it had temporarily paused withdrawals of USDC, a dollar-pegged stablecoi...
Binance Sees More Than $3,660,311,347 in Net Withdrawals As World’s Largest Crypto Exchange Gets ‘Stress Test’
The largest crypto exchange by trading volume is undergoing a stress test as reports surface that Binance may be under US investigation. Yesterday, it was reported that Binance and its CEO Changpeng Z...
Binance CEO unfazed by $1.4B in withdrawals from exchange in one day
Binance CEO Changpeng Zhao was undeterred after $1.4 billion worth of assets were withdrawn in a day. Despite uncertainties, the CEO believes it’s a good idea to “stress test withdrawals” on each cent...
Binance resumes USDC stablecoin withdrawals after temporary pause
Binance has resumed processing withdrawal requests of the USD Coin (USDC) stablecoin after pausing them for several hours. Binance, the world’s largest cryptocurrency exchange platform by ...
Business as Usual Says CZ, Confirming Over $1 Billion Daily Withdrawals
Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14 billion worth of crypto today (December 13) from the platform. The executive assured they handled the demand and that b...
Binance Pauses USDC Withdrawals, Here’s What’s Happening
Yuri Molchan Binance has halted withdrawals of USDC stablecoin, CZ promises they will be restored soon Contents USDC withdrawals from Binance on pause Investors moving their funds off Binance, CZ blam...
Binance daily withdrawals surge over $2 billion in 24 hours amid reserves uncertainty
Cryptocurrency exchange Binance has recorded a sustained wave of withdrawals after concerns emerged regarding the state of the trading platform’s reserves. On December 12, the exchange recorded its h...
Binance halts USDC withdrawals – FUD continues
In an unexpected move, the world’s largest cryptocurrency exchange, Binance, has temporarily halted USDC (USD Coin) withdrawals. This news sent a few tremors through the crypto community but doesn’t s...
Binance and Tron CEO Assure Market Following Mass Withdrawals
Binance Chief Executive Changpeng Zhao and Tron founder Justin Sun have responded to the recent flurry of withdrawals from Binance. Binance, the world’s largest crypto exchange by trading volume, expe...
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.” Data from on-chain monitoring resource Coinglass shows that Bin...
Is Binance safe? Nearly $1 billion of withdrawals in 24 hours
Yikes. Another day, another major crypto company facing rumours of insolvency, as the old saying goes. Twitter is alive the past 24 hours with frenzied concern about Binance. But is it merely paranoid...
Binance Withdrawals Surge after the FUD on its Proof of Reserve Report
Binance’s net outflows reached $902 million in the last 24 hours. Binance CEO CZ tweeted, “Ignore FUD. Keep building.” The world’s largest cryptocurrency exchange by trading volume, Binance, flooded w...
Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet
Binance CEO Changpeng ‘CZ’ Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a Dec. 13 tweet. CZ added: “These are 1:1 conversions, no margin or l...
Concerns over Binance’s asset reserves spur massive withdrawals
Binance, the biggest crypto exchange by trading volumes, had a deluge of withdrawal requests on Monday after the proof-of-reserves (PoR) news caused widespread panic. Nansen, a blockchain intelligence...
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance, the world’s largest crypto exchange by trading volume, endured a wave of withdrawals on Monday amid concerns about its proof of reserve report. Net outflows, the difference between the value ...
Bahamas regulators investigate FTX client withdrawals: Bloomberg
Whether or not FTX executives played a role in client withdrawals that took place after the exchange saw its assets frozen is now under investigation by Bahamian authorities, Bloomberg News reported, ...
Binance Investigating Abnormal Price Movements on Crypto Exchange, Locks Withdrawals on Some Accounts
The world’s largest crypto exchange says it is probing certain accounts after noticing abnormal trading behavior on its platform. Binance says it is taking precautionary measures after noticing atypic...
Binance locks withdrawals for some accounts amid what CEO calls ‘just market behavior’
Abnormal price movements on Binance, the leading crypto exchange by volume, sparked an internal investigation that led to CEO Changpeng Zhao concluding the movements were “just market behavior&#...
Staked Ether Withdrawals Are Coming In March 2023, Core Developers Concur ⋆ ZyCrypto
Advertisement     Ethereum core developers revealed on a call on December 8 that the network’s next, highly-anticipated hard fork, Shanghai, allowing users to withdraw...
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’ – Technology Bitcoin News
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that ...
Ethereum to allow staked ETH withdrawals by March 2023
During the recently held 151st Ethereum developers call meeting, the network developers planned to execute its Shanghai hard fork about the same time frame. The success of this upgrade would enable us...
Celsius issues latest update regarding customer withdrawals after court ruling
Collapsed cryptocurrency lending platform Celsius Network has issued the latest update on the progress of allowing customer withdrawals as the bankruptcy hearings continue. This is after a bankruptcy...
Staking withdrawals prioritized in Ethereum’s upcoming Shanghai upgrade
ETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition ...
Ethereum Devs Plan to Enable Staked ETH Withdrawals by March 2023
Ethereum’s core developers determined on a call Thursday that a network upgrade permitting users to withdraw staked ETH could launch as early as March of next year. In the months following Ethereum’s...
Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash
The biggest news in the cryptoverse for Dec. 7 includes U.S. banking committee arguing SBF ‘must answer ‘ for FTX, Do Kwon questions SBF involvement in Terra collapse, Celsius gives hopes of withdrawa...
Ethereum Devs Still Want Staking Withdrawals by ‘March-ish’
If there’s just one thing that investors want to know about post-Merge Ethereum, it is this: Wen withdrawals? It has long been known that ether locked on the Beacon Chain — now staked on the Ethereum ...