How much did Binance withdraw in the last 24 hours?

Binance, the world's biggest crypto exchange, saw withdrawals of $1.9 billion in the last 24 hours, blockchain data firm Nansen said on Tuesday, as the platform said it had "temporarily paused" withdrawals of the USDC stablecoin.

Why did Binance pause USDC withdrawals?

The Nansen data came as Binance halted withdrawals of USDC, citing a “token swap”. PHOTO: REUTERS LONDON - Binance has seen withdrawals of US$1.9 billion (S$2.6 billion) in the last 24 hours, blockchain data firm Nansen said on Tuesday, as the world’s biggest crypto exchange said it had “temporarily paused” withdrawals of the USDC stablecoin.

Why did Binance pull out of ftx?

Binance had initially offered to help bail out smaller rival FTX, before pulling out of the deal last month. On Tuesday, Bankman-Fried was indicted in the United States on eight criminal charges including wire fraud and conspiracy. Separately, US markets regulators also charged Bankman-Fried with defrauding investors and customers.