The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about the exchange's reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.
Binance, the world's largest cryptocurrency exchange headed by billionaire Changpeng Zhao, is committing up to $2 billion to help support crypto firms facing financial hardships following the bankruptcy of rival exchange FTX.
Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of others after Ukraine called for a block on Russian users at major digital currency platforms.
Binance, the cryptocurrency trading platform, has been publically reprimanded by the Malaysian regulator for continuing to operate in the country despite being added to the regulator's investor alert...