Binance Loses $12 Billion in Assets Due to User Withdrawals Despite the recovery of the cryptocurrency markets after the collapse of the FTX exchange, the situation with the withdrawal of funds on Binance has not yet returned to normal. According to a recent Forbes report, Binance has lost $12 billion in assets as users continue to withdraw money from the exchange. Binance, the leading crypto exchange, is currently struggling to hold on to its holdings. Investors have been selling their cryptocurrency since competitor FTX collapsed, and despite CEO Changpeng Zhao’s claims that the situation has calmed down, the outflow is
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Author: NixCoin