15 seconds ago | 2 mins read Exchange News Binance moving its zero-fee BTC trading pairs from BUSD to TUSD. Binance native token BNB price surged about 7.7% in a week. Binance, the world’s largest cry...
Tag: BUSD
Binance Swaps BUSD Stablecoin From ‘Recovery Fund’ to Bitcoin, Ethereum, BNB
Binance, the world’s largest crypto exchange by trading volume, responded to the latest drama around the USDC stablecoin by converting the remainder of its $1 billion Industry Recovery Initiative fund...
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums – Market Updates Bitcoin News
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded...
Coinbase suspends BUSD trading amid regulatory concerns
Coinbase has announced to suspend trade for Binance USD (BUSD) due to concerns raised by regulators about Binance’s operations. Coinbase, the leading U.S. cryptocurrency exchange, has announced to sus...
Coinbase disables trading for BUSD
United States-based cryptocurrency exchange Coinbase announced on March 13 that it had suspended trading for the Binance USD (BUSD) stablecoin. We have disabled trading for Binance USD (BUSD). Your BU...
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum – Bitcoin News
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryp...
Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ...
USDC and BUSD breathe a sigh of relief, thanks to Biden administration
U.S. government comes to the rescue of failed banks. However, BUSD and USDC continue to suffer. The crypto community, in general, criticized the government’s bailout. Over the last few days, the colla...
Binance converts $1B BUSD to Bitcoin, Ethereum, BNB
Binance CEO Changpeng Zhao (CZ) has confirmed that the exchange has converted the remaining $1 billion in its industry recovery fund to native crypto assets — including Bitcoin, Ethereum, and BNB. The...
Binance converting $1 billion in BUSD to bitcoin, ether and BNB
Binance CEO Changpeng Zhao announced on Twitter that the foremost crypto exchange would convert the approximately $1 billion remaining from its Industry Recovery Initiative funds to native crypto asse...
CFTC head says stablecoins are in agency’s jurisdiction without ‘clear direction from Congress’
The head of the Commodity Futures Trading Commission views most stablecoins as commodities, barring new law that could change their classification. “Not withstanding that, they are a commo...
Binance turns to other stablecoins amid BUSD crackdown
On-chain data released by Lookonchain shows Binance exchange minted 180 million True USD (TUSD) tokens last month and has also added support for other stablecoin projects amid an SEC’s Paxos Binance U...
Here’s how Binance is mitigating its stablecoin needs after BUSD ban
Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against its native stablecoin, BUSD. SEC had sent a Wells n...
Binance Issued BUSD Market Cap Loses 45% Amid FUD Around Exchange
Arman Shirinyan BUSD’s downfall could be sign of bigger problems at Binance Binance, the world’s largest cryptocurrency exchange, has been in the news for all the wrong reasons lately. It ...
What Will Happen to Binance if SEC Manages to Kill BUSD: Experts’ Take
Since being embroiled in a regulatory tussle, BUSD’s market cap went on a steep downward spiral. Since hitting an all-time high of $23.04 billion in November 2022, the market cap of the once-major sta...
Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days
Binance’s third-place ranking as the market’s largest stablecoin may soon change. On February 13, Paxos Trust, the stablecoin’s operator, announced that it would stop minting the Binance-branded stabl...
BUSD Active Address Plunges By 60% Following Regulatory Crackdown
Binance USD (BUSD) has suffered a steep decline in active addresses following the regulatory crackdown by U.S. authorities. This development continues a series of dips within the Binance ecosystem in ...
Weekly NFT sales surge after Blur’s new airdrop; Tether gains market cap as investors drop BUSD; TMS Network (TMSN) Presale Sells Out! The Go-To Platform For Traders
With the start of 2023, the crypto industry has started seeing price improvements, and with it, a number of more additional activity in the sector. While some has been good, and some bad, there is no ...
Binance USD Stablecoin BUSD Supply Shrinks by $6 Billion
The supply of the Binance branded stablecoin BUSD is dwindling fast as crypto traders ditch the beleaguered asset. The third largest stablecoin, Binance USD (BUSD), is dwindling fast as its supply has...
Binance’s Stablecoin BUSD Takes a Hit As Investors Liquidated $6 Billion Due to Rising Regulatory Concerns
Binance, the world’s largest cryptocurrency exchange, is facing increased regulatory trouble from the U.S. Securities and Exchange Commission (SEC). The SEC has reportedly been investigating Binance’s...
Coinbase Suspends Binance Stablecoin, Bowing to SEC
Coinbase will suspend Binance USD trading starting next month after the SEC targeted the stablecoin, the crypto exchange said Monday. Starting March 13, Coinbase will no longer offer Binance USD...
Coinbase Delists Stablecoin Binance USD (BUSD)
Coinbase announced Monday it would delist the stablecoin Binance USD (BUSD). The exchange plans to no longer support BUSD trading on Monday, March 13, 2023, at around 12 pm ET. The major exchange said...
Coinbase Delisting BUSD, Crypto Daily TV 28/2/2023
In Todays Headline TV CryptoDaily News: Coinbase to delist Binance USD stablecoin. Cryptocurrency exchange Coinbase warned customers the company will suspend trading for Binance USD in less than a mon...
How Hard is it for Stablecoin Issuers To Cash Out Billions?
Stablecoin issuer Paxos Trust, under pressure from US regulators, must be able to honor potentially billions in redemptions in the year ahead. That raises questions about whether the firm — and, for t...
Coinbase will delist the BUSD stablecoin
The official announcement was made yesterday on Twitter: on 13 March 2023 Coinbase will suspend trading for the Binance USD (BUSD) stablecoin. We regularly monitor the assets on our exchange to ensure...
Binance Mints $130 Million Worth TUSD Stablecoins Amid BUSD Scrutiny
4 hours ago | 2 mins read Exchange News TUSD has risen to the position of fifth-biggest stablecoin by market cap. The BUSD stablecoin has been temporarily removed from Coinbase. Binance, the biggest c...
Crypto Exchange Suspends Binance’s BUSD
Coinbase News: In a recent turn of events, Coinbase Global Inc., the largest crypto exchange in the United States, announced that it would be suspending the trading of Binance’s native stablecoin, BU...
Coinbase Will Delist Paxos-Issued Stablecoin Binance USD (BUSD)
2 hours ago | 2 mins read Altcoin News Binance USD (BUSD) trading will be suspended on four Coinbase platforms. The market cap of the stablecoin Binance USD (BUSD) declined 2.06% in the last 24h. Cryp...
Coinbase to suspend BUSD trading due to regulatory crackdown
Coinbase, the second-biggest crypto exchange by trading volume, announced the suspension of BUSD trading. The exchange has also delisted the Paxos-backed stablecoin from the platform. Paxos recently r...
Coinbase to Suspend Binance USD (BUSD) Stablecoin Trading
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase, one of the leading cryptocurrency exchanges in the United States, has announced that it will suspend trading for the Bi...
Crypto Exchange Coinbase Suspends Trading Of BUSD Stablecoin! Will BUSD Be The Next Depegged Stablecoin After UST?
As stablecoins are gaining a lot of attention, they have attracted the deadly eyes of regulatory bodies over whether they are being traded as security. Binance USD (BUSD), one such stablecoin that has...
BUSD Red Flags Increase as Coinbase to Suspends Trading
U.S. crypto exchange Coinbase confirmed earlier today that it would suspend trading for BUSD starting at noon ET on March 13, 2023. Following recent reviews, the exchange said it would suspend trading...