You Searched For "busd" and got 19 results
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2 mins read
Binance to cease support for 3 top stablecoins from Sep 29
Leading crypto exchange Binance has announced to discontinue support for three stablecoins - USDC, …
2 mins read
Binance admits its stablecoin sometimes lost the full backing it needed to keep its price fixed at $1
The crypto exchange hadn't always maintained the necessary dollar reserves to keep its BUSD-linked …
George Glover
1 min read
Binance's dollar-pegged token is bleeding, seeing $6 billion in outflows in a month as the crypto crackdown intensifies
Investors pulled more than $6 billion from the Binance-branded BUSD token last month as US regulato…
Zahra Tayeb
1 min read
Crypto firm Paxos ordered to stop minting Binance dollar-pegged token as SEC's crackdown widens
The firm will stop issuing BUSD, the world's third-biggest stablecoin, as the SEC reportedly plans …
Ryan Hogg
1 min read
Binance boss CZ distances his exchange from the dollar-pegged token under fire from the SEC: 'That's not something we created'
The SEC has ordered Paxos to stop minting a Binance-branded token pegged to $1 as part of its ongoi…
George Glover
2 mins read
Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse
"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…
Carla Mozée
1 min read
Binance holds $74.7 billion worth of crypto in its reserves and roughly 40% are in the firm's own tokens, report says
Nearly half of Binance's reserves are in the firms own stablecoin and native token, according to a …
Brian Evans
3 mins read
Read the full memo the CEO of Binance sent to staffers after the exchange was hit by more than $1 billion of withdrawals in a day amid the FTX fiasco
In the memo, CZ wrote that Binance expects "the next several months to be bumpy." He added that the…
Nidhi Pandurangi
6 mins read
Binance 'could be in big trouble' as the CFTC lawsuit alleges the crypto behemoth dodged regulators and breached laws
Binance is facing a fresh wave of scrutiny with the CFTC suing the exchange and its founder this we…
Zahra Tayeb
3 mins read
A top exec at the world's largest crypto exchange breaks down the single-biggest risk for the market in 2023
Binance Chief Strategy Officer Patrick Hillmann explained how poor regulation will lead to increase…
Morgan Chittum
1 min read
The Dallas Mavericks are giving away free gift-cards to customers who buy merch using cryptocurrency
Mark Cuban's NBA team will give $25 gift cards to any customers who buy over $150 of merch using cr…
Emily Graffeo
1 min read
Coinbase falls 10% after the SEC sues rival crypto exchange Binance for violating securities law
Coinbase is currently under SEC investigation and could face an enforcement action tied to its list…
Matthew Fox
4 mins read
FTX might not have been the only crypto exchange using customer money for other things
Insider's Phil Rosen explains how Binance is coming under scrutiny for its shuffling of customer fu…
Phil Rosen
2 mins read
Binance is launching a crypto payments card for Ukrainians fleeing their country during Russia's invasion
The Binance Refugee Crypto Card will serve users of the exchange from Ukraine who are escaping Russ…
Carla Mozée
2 mins read
Binance CEO is starting a recovery fund in an effort to blunt the 'cascading negative effects' of FTX's collapse
"Crypto is not going away. We are still here. Let's rebuild," Binance CEO Changpeng Zhao said in a …
Carla Mozée
2 mins read
US stocks rise as investors turn focus to upcoming key December inflation report
After the Thursday CPI report, investors will turn their attention to fourth-quarter earnings, whic…
Matthew Fox
2 mins read
Bitcoin hits a 6-month high as the total crypto market regains $85 billion in value
Crypto investors aren't in the clear yet, as macro conditions remain uncertain and risk appetite hi…
Morgan Chittum
2 mins read
The Senate Banking Committee wants answers from stablecoin issuers on how their business works
Complex terms and conditions can make it difficult for investors to understand stablecoin risks, sa…
Carla Mozée
2 mins read
Nasdaq logs its best win streak since September as stocks rise ahead of December inflation report
The December CPI report will inform investors as to whether the Federal Reserve needs to continue h…