Cointelegraph: ALERT: Binance Logs $3.53B in Outflows After Withdrawals Reopen, Equal to 2.7% of Assets, DefiLlama Says

Binance recorded $3.53 billion in outflows after it reopened withdrawals, equal to 2.7% of its assets, according to DefiLlama.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.

Cointelegraph: ALERT: Binance Logs $3.53B in Outflows After Withdrawals Reopen, Equal to 2.7% of Assets, DefiLlama Says

Flamingo Finance exploit mints about 2.19 trillion FLM after staking-contract bug

Bithumb sets 2028 IPO target in third timetable reset

Japan confirms coordinated yen buying with U.S., signals readiness for further action

Verus Protocol’s Ethereum cross-chain bridge exploited, $7.44 million drained in notarization mismatch attack

Philadelphia chip index SOX slides 21% in July as semiconductor stocks swing sharply

Coldcard firmware flaw used to drain over $70M in Bitcoin