Binance Burns Over $453M in BNB
In its 25th quarterly burn, Binance has removed 2.14 million BNB tokens, worth $453.5 million, from circulation.
Coinbase’s Spot Trading Volume Slid 52% in Last Quarter
In the third quarter of 2023, the total spot exchange volume on Coinbase totaled $76 billion, marking a 52% decrease compared to the same period in the previous year, as reported by CCData.
Sam Bankman-Fried Says Binance Leaked Alameda’s Reports
The lawsuit against Sam Bankman-Fried (SBF) alleges that the FTX founder considered Binance a significant competitor and accused its management of leaking confidential information to the media.
Bitstamp Will Stop Services in Canada in January
Bitstamp has announced that it will no longer be offering its services to customers in Canada starting January 8, 2024.
Bitfinex Owner to Repurchase $150M in Shares
iFinex, the company that owns the cryptocurrency exchange Bitfinex, has proposed a buyback of $150 million worth of shares in an effort to increase its control over the company.
Binance’s Spot Market Share Declined to 34.3% Last Month: CCData
The activity of users on Binance has been negatively impacted by the various issues it has faced.
FTX Reportedly Used Random Number to Generate Insurance Fund Volume
The insurance fund balance at FTX was reportedly determined by an arbitrary formula that took into account a specific number and daily trading volume.
