Binance Records Over $3 Billion in Outflows as Its Proof of Reserves Fails to Calm Investors

Leading cryptocurrency exchange Binance has recorded over $3 billion in outflows over 24 hours as investors are pulling their funds off of the platform amid concerns it may not be able to honor withdrawals in case of a bank run. According to data from Nansen the exchange has recorded its highest daily withdrawals since June, […]