Binance battles 'FTX redux' fears as US regulators blow-torch the crypto behemoth - but analysts think it will weather the storm

Tech Insider : Crypto
Binance
Binance.

NurPhoto / Contributor

FTX might not have been the only crypto exchange using customer money for other things

Tech Insider : Crypto

Happy Friday eve, Opening Bell crew. Senior reporter Phil Rosen here. 

As if the universe knew that I hadn't written a crypto newsletter in some time, here we go: Binance, the world's largest crypto exchange, has been under some scrutiny this week. 

Binance's dollar-pegged token is bleeding, seeing $6 billion in outflows in a month as the crypto crackdown intensifies

Tech Insider : Crypto
Binance logo is displayed on a mobile phone screen
Binance logo is displayed on a mobile phone screen

Beata Zawrzel/NurPhoto via Getty Images

Binance boss CZ distances his exchange from the dollar-pegged token under fire from the SEC: 'That's not something we created'

Tech Insider : Crypto
Binance CEO Changpeng Zhao
Binance boss Changpeng Zhao tried to distance his exchange from a dollar-pegged token currently under fire from the SEC.

Photo by Pedro Fiúza/NurPhoto via Getty Images

Crypto firm Paxos ordered to stop minting Binance dollar-pegged token as SEC's crackdown widens

Tech Insider
Binance
Binance

NurPhoto

Subscribe to BUSD