TerraUSD (UST) resumed its downward spiral Tuesday afternoon New York time, sinking below $0.80 as it breached a relatively quiet 12-hour period when its price remained stable around 10% off its dollar peg.
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https://www.coindesk.com/business/2022/05/10/coinbase-q1-revenue-misses-estimate-trading-volumes-fall-from-previous-quarter/Show more >

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https://www.thestreet.com/investing/binance-suspends-resumes-withdraws-as-cryptocurrency-markets-soar

Sharp increase in ETH prices drove Binance to a full-stop for a moment.
So much so they had to ...suspend withdrawals and this could mean only one thing. Binance does not have the money on hand.

This could be worrisomeShow more >