Binance Pauses USDC Withdrawals; Sees $3 Billion In Outflows Since Yesterday - discu.eu

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A random walk down blockchain hell - by John Cook https://www.frontruncrypto.com/p/a-random-walk-down-blockchain-hell 46 comments

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CZ 🔶 Binance on Twitter: "On USDC, we have seen an increase in withdrawals. However, the channel to swap from PAX/BUSD to USDC requires going through a bank in NY in USD. The banks are not open for another few hours. We expect the situation will be restored when the banks open. 1/2" / Twitter https://twitter.com/cz_binance/status/1602579499903852544 188 comments
Exclusive: U.S. Justice Dept is split over charging Binance as crypto world falters, sources say | Reuters https://www.reuters.com/markets/us/us-justice-dept-is-split-over-charging-binance-crypto-world-falters-sources-2022-12-12/ 119 comments

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