BNB Fumbles at $33, Binance Get Sued and More News from the Exchange



Quick summary:

Binance Coin (BNB) has corrected to the $28 level after a local peak of $33.38
The pullback happened immediately CZ tweeted about the new peak value
Bella Protocol (BEL) trading commences today
Binance has canceled the listing of BTT/USDT perpetual contract
The exchange has listed SWRV, LTCUP, LTCDOWN and more
Binance is being sued for allegedly playing a part in laundering Bitcoin from a 2018 hack

The team at Binance has been known for continually building with DeFi being their latest focus. In the past few weeks, Binance has molded itself into a Centralized-DeFi platform (CeDeFi). All the DeFi activities at Binance have benefited the value of Binance Coin with BNB taking off from around $18 when the Binance Launchpool was launched, to the recent peak of $33.38.

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