According to CEO Changpeng Zhao, Binance has seen outflows of an estimated $1.14 billion from the exchange.
Crypto community members discuss bank run on Binance [cointelegraph]


According to CEO Changpeng Zhao, Binance has seen outflows of an estimated $1.14 billion from the exchange.

Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMEX execs.

The sudden uptick in outflows may have been caused by market makers leaving the exchange.

Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests.

The move comes just one day after the crypto executive’s arrest on Dec. 12.

Sam Bankman-Fried will remain in custody at the Bahamas Department of Corrections until Feb. 8, 2023.

The indictment from the Southern District of New York names only Sam Bankman-Fried, but contains allegations of illegal activities by “individuals known and unknown” as well.

Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.

A new soulbound NFT project from Cobo, MetaMask Institutional and Gnosis Safe is bringing new nonfungible exclusivity and proof of identity to users.

The software has received over 150,000 signups so far.