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Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.”

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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