Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance

Malaysia News News

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance
Malaysia Latest News,Malaysia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

.justinsuntron deposits $100 million USDC into binance to calm market fears. By thesamreynolds

, showing that he had deposited $100 million USDC back into the exchange.

On-chain data shows withdrawals across all chains hit the $1.8 billion mark during the last 24 hours. Data from Nansen shows that Paxos and Huobi were the recipients of some of this inflow, with around $162 million of netflow between the two exchanges. Coinbase saw a sharp rise in inflow, specifically during the Asian trading hours, with around $124 million coming into the exchange during the day.

Binance’s exchange token, BNB, often seen as a barometer of the fortune of the exchange, is down 8% on-day to $259,Data from DeFiLlama shows that the total value locked in Binance Service Chain DeFi protocols is down 4.5% during the past 24 hours.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Binance Will List Magic (MAGIC) in the Innovation Zone | Binance SupportBinance Will List Magic (MAGIC) in the Innovation Zone | Binance SupportFellow Binancians, Binance will list Magic (MAGIC) in the Innovation Zone and will open trading for these spot trading pairs at 2022-12-12 08:00 (UTC): New Spot Trading Pairs : MAGIC/BTC, MAGIC/BUS...
Read more »

US Prosecutors Look to Charge Binance and CZ for Possible Money Laundering Violations: ReutersUS Prosecutors Look to Charge Binance and CZ for Possible Money Laundering Violations: ReutersThe U.S. TheJusticeDept has discussed a potential plea deal with binance's lawyers over possible money laundering charges, Reuters reported.
Read more »

U.S. Justice Department weighs charging Binance and its executives: ReutersU.S. Justice Department weighs charging Binance and its executives: ReutersBinance and some of its executives are reportedly under scrutiny for possible money laundering and criminal sanctions violations.
Read more »

US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: ReutersUS Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: ReutersUPDATE: binance refuted Reuters' report over possible TheJusticeDept charges. Binance created an anti-money laundering department in late 2021, though Reuters said the charges may stem from activity in 2018. By parikshitm899 and OKnightCrypto
Read more »

US DOJ split over charging Binance in the 2018 AML investigation: ReportUS DOJ split over charging Binance in the 2018 AML investigation: ReportBinance has managed to overcome the compliance issues in many of those countries barring the U.S., despite its slew of hirings to strengthen its regulatory and compliance team.
Read more »

Binance CEO Might Face Criminal Charges in U.S.Binance CEO Might Face Criminal Charges in U.S.U.S. prosecutors are reportedly not ready to bring a criminal case against binance and its executives just yet
Read more »



Render Time: 2025-02-27 11:44:39