Binance US reduces staff by a third, CEO leaves
Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0.9% by June 26. Norman Reed,…
A net flow of 200,000 bitcoins leaves exchanges following FTX collapse, as trust broken
Key Takeaways Exchanges balances are lower by nearly 200,000 bitcoins compared to pre-FTX, as customers have lost all trust in exchanges This trumps the Celsius insolvency of June, where 128,000…