17:02 ET Binance is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Binance had experienced net outflows of $2.1 billion on the Ethereum blockchain over seven days as of Monday e. | Mar. 29
Cryptocurrencies dropped more than 2 percent in the past 24 hours amidst regulatory action on crypto giant Binance. In a fresh regulatory salvo on Monday, the Commodity Futures Trading Commission charged Binance and its founder Changpeng Zhao with wilful evasion of federal law and operating an illegal digital asset derivatives exchange.
Traders are pulling billions of dollars from Binance as problems plaguing the world’s largest crypto exchange continue to mount. The Commodity Futures Trading…