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Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings

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CoinDesk
By Shaurya Malwa
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Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings
Photo / Coverage: CoinDeskCredit: Shaurya Malwa
EXECUTIVE SUMMARY

The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.

Key Takeaways

  • Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings.
  • The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.
  • The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.

The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.

Share:WhatsAppFacebookX (Twitter)Telegram

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