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US sues Binance and founder Zhao over 'web of deception'

  • June 6, 2023
  • Reuters

A March report from CCData showed that Binance’s spot market share across top-tier exchanges fell in March for the first time in five months to 57.7% from 62.0% in February. Its derivatives trading volume, however, rose.

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Binance charges are a last gasp for crypto

  • June 6, 2023
  • Reuters

Broadly there are much bigger issues afoot that could be a continued risk to Binance. Cryptocurrency users are increasingly spurning corporate-owned exchanges. According to research firm CCData, Binance has lost a quarter of its market share in the past three months, and its centralized, U.S.-based peer Coinbase Global (COIN.O) is losing ground too.

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