Follow Binance news, including exchange updates, listings, legal developments, product launches, and market impact across global crypto trading.
Bitcoin surges in price and dominance against everything else as the holiday season approaches.
Samuel Wan 2 min read 
Binance CEO previously criticized O’Leary penchant for defending Sam Bankman-Fried and FTX.
Binance's USD and BTC Proof of Reserves fall by $3.5 billion and 500 million, respectively, according to Glassnode data.
Binance CEO, CZ answers questions in latest Twitter space, denies rumors, and advises against withdrawing funds from exchanges.
BUSD's supply is down after Binance faced unprecedented stablecoin withdrawals in a 24 hour time frame — the exchange remains unfazed.
While Binance has recently gone through an outpouring of stablecoins, Nansen estimates it still holds $30 billion worth of stablecoins
Currently, less than 12% of all Bitcoin supply is held on exchanges while Binance and Coinbase account for 5.5%.
Andrew Thurman reported that market makers like Jump Trading and Wintermute were among the accounts that withdrew funds in the last 24 hours.
Despite uncertainties, the CEO believes it's a good idea to "stress test withdrawals" on each centralized exchange on a rotation basis.
