Binance user deposits increased to $21.6bn in 2024 — Report

Binance, the world’s largest cryptocurrency exchange, recorded a significant increase in user fund deposits in 2024, reaching $21.6bn. The digital currency platform made the disclosure in a blog post on Thursday, citing data from DefiLlama, a prominent firm that provides analytics and data related to decentralised finance. This figure marks a 36 per cent increase