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Crypto exchange Binance hit by major outflows. Here's why

Por: MarketWatch Business February 15, 2023

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Binance’s largest single-day outflow came in December, with the amount of funds leaving the exchange totaling as much as $3 billion in a 24 hour period from Dec. 13 to Dec. 14, as crypto exchange FTX’s collapse in November shook investors confidence in the space, noted Andrew Thurman, a researcher at Nansen. This week’s outflow happened after the exchange’s stablecoin partner Paxos new BUSD tokens by the New York State Department of... + full article



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