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Binance Addresses Mazars Saga, USDC Withdrawal Halt and Other ‘FUD' Amid Heightened Crypto Exchange Scrutiny

dailyhodl.com

Binance is addressing the fear, uncertainty and doubt (FUD) centered around crypto exchange platforms after the high-profile downfall of FTX. In a new company blog post, the world's largest digital asset exchange by volume explains why some of the common narratives about it being financially unhealthy are untrue.

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Cash-Based Humanitarian Assistance System for People in Ukraine, Powered by Stellar Network, Circle's USDC, MoneyGram - CrowdFundInsider

MoneyGram (NASDAQ: MGI) is pleased to support our partners at the Stellar Development Foundation (SDF) on the launch of Stellar Aid Assist, which is described as “a first-of-its-kind blockchain-powered aid disbursement system that delivers relief funds quickly, affordably and efficiently to individuals in crisis.


UN to Send USDC to Displaced Ukrainians via Stellar ($XLM) Network - CryptoGlobe

The United Nations refugee agency, the Office of the U.N. High Commissioner for Refugees (UNHCR), is set to start aiding displaced Ukrainians through the USDC stablecoin via digital wallets running on the Stellar ($XLM) network.


Why Stellar [XLM] chose USDC to power its new aid initiative? - AMBCrypto

On 15 December, the Stellar Development Foundation announced its partnership with the United Nations High Commissioner for Refugees (UNHCR) to provide Ukrainian refugees with cash assistance in the form of USD Coin (USDC) on the Stellar network.


FUDs quashed? Binance resumes USDC withdrawals after 9 hours - Cryptopolitan

The leading cryptocurrency exchange Binance was caught up with speculations recently following the abrupt suspension of USDC withdrawals from the platform. After about nine hours, however, the exchange also managed to weather the storm after it announced again the resumption of USDC withdrawals.


Binance Announces Resumption Of USDC Stablecoin Withdrawals - Crypto Daily

Cryptocurrency exchange Binance has announced that it is resuming USDC stablecoins after temporarily pausing requests for several hours.  The halt in withdrawals was announced as the world's largest cryptocurrency exchange faces record stablecoin outflows.


Binance resumes USDC stablecoin withdrawals after temporary pause - The Block

Binance has resumed processing withdrawals requests of the USD Coin (USDC) stablecoin after pausing them for several hours. The post Binance resumes USDC stablecoin withdrawals after temporary pause appeared first on The Block.


Binance Temporarily Stops USDC Withdrawals As Investor Concerns Over Reserves Mount - Benzinga

Cryptocurrency exchange Binance announced on Tuesday that it is temporarily halting withdrawals of the stablecoin USDC (CRYPTO: USDC) while it conducts a "token swap." The decision was made as investors worry about Binance's stability in the wake of the collapse of competitor exchange FTX (CRYPTO: FTT) and charges being filed against its former CEO Sam Bankman-Fried  by the U.S. authorities.


Binance halts USDC withdrawals - FUD continues - Crypto Daily

In an unexpected move, the world's largest cryptocurrency exchange, Binance, has temporarily halted USDC (USD Coin) withdrawals. This news sent a few tremors through the crypto community but doesn't seem to be very serious according to the exchange.


Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet - CryptoSlate

Binance CEO Changpeng ‘CZ' Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a December 13 tweet. The post Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet appeared first on CryptoSlate.


Binance clarifies USDC withdrawals were down due to token swap, replenishing hot wallet - CryptoSlate

Binance CEO Changpeng ‘CZ' Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a December 13 tweet. The post Binance clarifies USDC withdrawals were down due to token swap, replenishing hot wallet appeared first on CryptoSlate.

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