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Binance announced inflow investments-CEO

2022.12.14 02:31



Binance announced inflow investments-CEO

Budrigannews.com – On Wednesday, Binance’s chief executive stated that deposits are returning and that “things seem to have stabilized.” This came a day after the platform experienced a sharp increase in withdrawals and halted some stablecoin transactions.

Blockchain data firm Nansen reported on Tuesday that Binance had “temporarily paused” USDC stablecoin withdrawals and had seen withdrawals of $1.9 billion in the last 24 hours.

In a tweet, CEO Changpeng Zhao stated, “Things appear to have stabilized.” We did not process the most withdrawals yesterday—not even the top five.”

More Asian stock market growing following American

According to Nansen data, the largest daily outflow over a 24-hour period since June 13 was $1.9 billion in token withdrawals based on the ethereum blockchain.

How crypto trades, for example, Binance and its currently bankrupt previous adversary FTX handle client stores is under critical examination from clients and controllers.

Binance announced inflow investments-CEO

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