Crypto exchange Binance hit by outflows of $780 million in last 24 hours - Nansen


FILE PHOTO: Biance app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday, a day after the world's biggest crypto exchange was sued by the U.S. Securities and Exchange Commission.

Binance's U.S. affiliate exchange registered net outflows of $13 million in the same period, Nansen said. Neither Binance nor Binance.US immediately responded to a request for comment.

(Reporting by Tom Wilson, editing by Alun John)

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Tech News

Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
Bumpy September for auto ETFs as UAW strike, higher rates weigh
Kremlin: Russian government closely involved in tackling debt problems at Rusnano
'There's no greater crisis than climate change,' says Apple boss
China couple who found spy camera pointing at Malaysia honeymoon bed accused of ‘smearing’ Airbnb host online
India's Reliance unveils swappable, multipurpose batteries for EVs
Central bank test lab develops global bitcoin mapping system
South Africa could cut blackouts by having AI-run water heaters
'Disgruntled' employees are offering 'top-secret' discount on TikTok. How scam works
San Francisco self-driving car involved in serious accident

Air Pollutant Index

Highest API Readings

    Select State and Location to view the latest API reading

    Source: Department of Environment, Malaysia

    Others Also Read