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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance CEO CZ responds as data points to billions in exchange outflows

Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao. While da...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

The United States Securities and Exchange Commission’s tagging of certain cryptocurrencies as securities has greatly affected the crypto market, causing Algorand and Flow to hit historic...

Cryptocoins News / EthereumWorldNews - 2 years ago

Coinbase And Binance Show Negative Netflow After SEC Suits: Nansen

Summary: Data from blockchain intelligence startup Nansen showed negative netflow from Coinbase and Binance after the U.S. SEC sued both crypto exchanges.Binance and Binance US recorded a combined negative outflow north of $400 million 24 hours...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

What asset freeze? Binance BTC outflows muted as users shun panic selling

Exchange Bitcoin holdings, unlike Ether, appear stable in light of the Binance and Coinbase lawsuit news. Bitcoin (BTC) hitting three-month lows did not spur hodlers t...

Bitcoin News / Bitcoin.com - 2 years ago

Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion

Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitco...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance net outflows hit $778M on Ethereum since SEC charges: Nansen

The SEC lawsuit against Binance led to outflows of over $750 million on Ethereum in the past 24 hours, with outflows still exceeding inflows. The United States Securit...

Bitcoin News / Bitcoin.com - 2 years ago

BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow

Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total valuation...