Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders

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Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders

Withdrawals rose following a string of concerning news reports about Binance, and as investors have become increasingly cautious about their funds on centralized exchange. The swift collapse of rival exchange FTX, piled on other industry debacles, has prompted other exchanges to prove that they are safeguarding customers’ assets. www.coindesk.com

Withdrawals rose following a string of concerning news reports about Binance, and as investors have become increasingly cautious about their funds on centralized exchange. The swift collapse of rival exchange FTX, piled on other industry debacles, has prompted other exchanges to prove that they are safeguarding customers’ assets.

www.coindesk.com