On June 29th, crypto-exchange giant Binance saw a surge of withdrawals after the Commodity Futures Trading Commission (CFTC) filed a lawsuit against the exchange on the same day. The CFTC alleges that Binance allowed users to deposit and trade cryptocurrencies in US dollars without registering with the CFTC or complying with the Market in Financial… Continue reading Binance Sees Surge of Withdrawals After CFTC Lawsuit
Category: withdrawals
Binance Temporarily Pauses Withdrawals
The popular cryptocurrency exchange Binance recently announced that it was temporarily suspending withdrawals from its platform. The announcement made late on Wednesday, January 15th, caused concern among many cryptocurrency investors, but Binance’s CEO Changpeng Zhao quickly followed up with the assurance that the suspension was due to system maintenance and not a malicious attack or… Continue reading Binance Temporarily Pauses Withdrawals