[ad_1] Binance’s CZ announced a major crypto buy. This move was made as Binance removed the remaining BUSD from the Industrial Recovery Fund. The exchange intercepted BUSD from the Fund only once…
Category: Binance USD (BUSD)
What Will Happen to Binance if SEC Manages to Kill BUSD: Experts’ Take
[ad_1] Since engaging in regulatory tussles, BUSD’s market cap has seen a sharp decline. Since hitting an all-time high of $23.04 billion in November 2022, the once-large stablecoin’s market cap is down…
Binance Stablecoin BUSD Falls Below $10 Billion Market Cap for First Time
[ad_1] BUSD has lost over 50% of its market cap since hitting an all-time high of $23.4 billion. BUSD market cap is in free fall, and there is currently no turning back….
As BUSD’s Woes Continue, Could Binance Be Pivoting to TUSD?
[ad_1] Stablecoins have been in the crosshairs of regulators recently, with Binance’s BUSD provoking the ire of the SEC. Following the crackdown, Paxos, the issuer of BUSD, was ordered by the New…
Dogecoin Flips Binance USD Stablecoin: BUSD Loses 50% of Its Market Cap
[ad_1] Dogecoin regained its place in the TOP 10 by global market cap. The popular open source Memecoin surpasses Binance USD. DOGE slipped 2.2% despite the unusual achievement. The world’s leading crypto…
Weekly Crypto Investment Product Outflows Hit $32M: CoinShares
[ad_1] According to the latest edition of CoinShares’ weekly report, digital asset investment product outflows reached $32 million last week, a level not seen since late December 2022. The sentiment can be…
Allbridge Core has Integrated Polygon
[ad_1] Allbridge, a cross-chain solutions provider, recently integrated polygon with its stablecoin exchange platform, Allbridge Core. Polygon offers a new route for stablecoin exchange besides Ethereum, BNB Chain, Solana, and Tron. Introducing…
CZ Outlines Need for Stablecoins Pegged to Other Fiat Currencies Amid BUSD Crackdown
[ad_1] The Binance founder and chief executive spoke on a Twitter AMA (Ask Me Anything) about various hot topics in the cryptocurrency community as of now, with one of them expected to…