Topic: #exchanges
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Binance outflows triple to $1.2B as Ethereum withdrawals hit 3-year high
Binance recorded $1.23 billion in weekly net outflows—a 207% surge from the prior week—as Ethereum withdrawal transactions reached their highest level since March 2023, driven by regulatory uncertainty and market positioning shifts.
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HTX delists USD1 stablecoin, converts balances to USDT
Crypto exchange HTX will permanently remove World Liberty Financial's USD1 stablecoin from its platform and convert eligible customer holdings to Tether at a one-to-one rate beginning June 7, escalating a dispute over frozen blockchain wallets.
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Coinbase Launches Direct Indian Rupee Rails After Regulatory Clearance
Coinbase has returned to India with direct INR banking infrastructure, allowing traders to deposit and withdraw rupees without intermediary conversions. The move marks a reversal from the exchange's 2022 exit following informal RBI pressure.