[ad_1] What is Binance USD? Cryptocurrencies are a type of asset whose value can fluctuate significantly, as demonstrated by repeated market falls and rises. Many potential investors are hesitant to enter the…
Category: BUSD
Stablecoin Liquidity Ratio Plunges: Implications For Bitcoin
[ad_1] In the Bitcoin and crypto markets, stablecoins have emerged as an important element for liquidity, often referred to as “dry powder”. Stablecoins such as Tether (USDT), USD Coin (USDC), and TrueUSD…
Paxos Eyes Canada Withdrawal – InsideBitcoins.com
[ad_1] Join us Telegram channel to stay up to date on news coverage Paxos, the well-known cryptocurrency trading company will no longer offer its services to Canada. The news first appeared in…
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
[ad_1] Bitcoin hit a high of $28,422 per unit on Sunday around 3:00 p.m. Eastern Time as the leading cryptocurrency has been steadily increasing over the past week. Since last Sunday, bitcoin…
Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
[ad_1] General Bytes experienced security incidents on March 17 and 18 that allowed hackers to remotely access key service interfaces and send funds from hot wallets, according to the company and sources….
Binance Replaces BUSD with TUSD and USDT in SAFU Fund
[ad_1] Binance, one of the world’s largest cryptocurrency exchanges, announced on March 17 that it has replaced Binance USD (BUSD)’s holdings in its Secured Assets Fund for Users (SAFU) with TrueUSD (TUSD)…
$7.4B Dollar-Pegged Tokens Withdrawn From Circulation – Altcoins Bitcoin News
[ad_1] Over the past 11 days, more than 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring after the USDC depegging event on March 11, 2023….
BNB Whales Dump Millions Of BUSD, Here’s What They Are Buying
[ad_1] Following the issuance of the Wells Notice from the Securities and Exchange Commission (SEC) to Binance USD (BUSD) issuer Paxos, stablecoins have taken a hit in the market. Its market cap…