Binance daily withdrawals double as users report problems off-ramping
Binance withdrawals surge to $852 million in 24 hours amidst regulatory woes, with users reporting delays in cashing out.
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The CFTC alleged that Binance executives have engaged in wrongdoing.
Following the CFTC news, DeFillama dashboard showed that Binance has processed 24 times more withdrawals than its closest rival.
Bitcoin's overall market liquidity has dropped to a 10-month low despite the asset's continued rise in 2023.
The Huobi advisor commented on the fallout of charges against his other projects.
7 out of 10 investors hold their crypto on centralized exchanges, while only 3 out of 10 prefer cold wallets.
Zipmex reportedly said the failed payment could force it to liquidate its technology unit and suspend its payroll.