BUSD depeg slightly, Binance suspends USDC withdrawals due to lack of liquidity
In response to a large amount of liquidity fleeing the platform, Binance suddenly blocked the withdrawal of USDC. Meanwhile, stablecoin ...
Tag: BUSD
Alameda Research withdrew $204 million before filing for bankruptcy
Alameda Research withdrew more than $200 million from FTX. The U.S. before it filed for bankruptcy, according to analysis ...
Binance reveals how much BTC, ETH they are storing after FTX crash
Changpeng Zhao tweeted earlier this week that every exchange should implement Proof of Reserve (PoR) and emphasized the importance of ...
Binance stablecoin push eats into tether’s market share as BUSD volume surges
Binance's push to promote its BUSD stablecoin is eating into the dominance of market leader tether, with trades against ...
Binance’s stablecoin clocks in market share all-time high as supply tops $20 billion
Binance's stablecoin is enjoying a spike in activity despite a broader slump in the market. The Block's data dashboard shows ...
Binance delists major stablecoins to focus on BUSD development, and here’s why
In a recent announcement, Binance said that existing USDC, USDP, and TUSD balances in user accounts will be delisted on ...
Who benefits from Binance transferring USDC to its own Stablecoins?
On Monday, Binance announced that it is removing access to three stablecoins competing with Binance USD (BUSD). Binance said it ...
Binance automatically converts USDC, USDP, TUSD to BUSD
Automatic conversion to BUSD On September 29, the leading digital asset exchange, Binance made an announcement about the automatic conversion ...
