Starting from November 7th, the BTC Netflow indicator (Inflow — Outflow) on the Binance exchange began to fluctuate wildly. On November 11, it reached a record low for the month. Users have withdrawn more than 42 thousand BTC from the platform.

Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager of Binance Japan. (Bitcoin.com)

The acquisition marks the beginning of Binance’s return to the Japanese market as a Japan Financial Services Agency (JFSA) regulated entity.

Binance announced forming an industry recovery fund to help otherwise strong projects in a liquidity crisis.

Most market participants and watchers don’t know that this conflict dates back to 2019, but it’s only now that it’s felt.

Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High Court issued a court judgment demanding the handover of the data, according to a Financial Times <a href="https://www.ft.com/content/949fb302-fcb5-455e-8ba3-7e83e6337c86" target="_blank">report</a>. Two of the six exchanges involved were not named.&nbsp;

Binance received large amounts of shiba inu (SHIB) tokens on Tuesday, raising speculation of a price drop because large transfers of a cryptocurrency to an exchange is often a prelude to a sale.

<a href="/76723/binance-review-can-the-worlds-biggest-exchange-still-cut-it-in-2021" target="_blank">Binance</a> is getting back into the Japanese crypto market.

As a result of the recent turmoil in the cryptocurrency market caused by the failure of the FTX crypto exchange, several projects have taken a significant blow.

Crypto giant Binance has made its debut in Japan with the acquisition of a Japanese crypto exchange named Sakura Exchange BitCoin (SEBC).