{"id":152970,"date":"2022-12-16T13:29:46","date_gmt":"2022-12-16T19:29:46","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/12\/binance-withdrawals-surge-to-3-billion-ceo-cz-calls-its-business-as-usual"},"modified":"2022-12-16T13:29:46","modified_gmt":"2022-12-16T19:29:46","slug":"binance-withdrawals-surge-to-3-billion-ceo-cz-calls-its-business-as-usual","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/12\/binance-withdrawals-surge-to-3-billion-ceo-cz-calls-its-business-as-usual","title":{"rendered":"Binance withdrawals surge to $3 billion, CEO CZ calls its \u2018business as usual\u2019"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/binance-withdrawals-surge-to-3-billion-ceo-cz-calls-its-business-as-usual2.jpg\"><\/a><\/p>\n<p>A deja-vu in the crypto industry.<\/p>\n<p>Withdrawals at the world\u2019s largest crypto exchange platform, Binance, surged to $3 billion in a period of 24 hours, according to blockchain analytics firm Nansen.<\/p>\n<p>Binance CEO Changpeng Zhao called the incident \u201cvery normal market behavior,\u201d CNN<\/p>\n<p>The turn of events is quite similar to Binance\u2019s former rival crypto exchange, FTX, which crashed and burned after investors began taking out money from the exchange. As FTX\u2019s former CEO, Sam Bankman-Fried (SBF), is charged with fraud, the attention of the U.S. regulators appears to be on other crypto exchanges, and Binance is the biggest of them all.<\/p>\n<p>Rise and fall of the crypto empire.<\/p>\n<hr>\n<p>Ben McShane \/ Getty.<\/p>\n<div class=\"more-link-wrapper\"> <a class=\"more-link\" href=\"https:\/\/lifeboat.com\/blog\/2022\/12\/binance-withdrawals-surge-to-3-billion-ceo-cz-calls-its-business-as-usual\">Continue reading \u201cBinance withdrawals surge to billion, CEO CZ calls its \u2018business as usual\u2019\u201d | &gt;<\/a><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A deja-vu in the crypto industry. Withdrawals at the world\u2019s largest crypto exchange platform, Binance, surged to $3 billion in a period of 24 hours, according to blockchain analytics firm Nansen. Binance CEO Changpeng Zhao called the incident \u201cvery normal market behavior,\u201d CNN The turn of events is quite similar to Binance\u2019s former rival crypto [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3818,43],"tags":[],"class_list":["post-152970","post","type-post","status-publish","format-standard","hentry","category-blockchains","category-business"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=152970"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152970\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=152970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=152970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=152970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}