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CRYPTO WITHDRAWALS

Binance Crypto Withdrawals Spike Before CFTC Accusations
Crypto Withdrawals

Binance Crypto Withdrawals Spike Before CFTC Accusations

Almost a billion dollars in cryptocurrency was withdrawn from Binance shortly before the US CFTC accused the exchange of regulatory violations. The total amount withdrawn from multiple platforms in the 12 hours preceding the indictment was almost $1.5 billion, with over half of that amount coming from Binance. Despite the withdrawals, Binance still holds over $63 billion worth of cryptocurrency assets.

Houbi Imposes A 24-Hour Delay on Crypto Withdrawals to Control Speculative Trading
Crypto Withdrawals

Houbi Imposes A 24-Hour Delay on Crypto Withdrawals to Control Speculative Trading

Houbi has introduced a 24-hour condition before customers make withdrawals of crypto funds in OTC transactions, aiming to discourage crypto-related speculations.