Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of USDC minted between Friday, March 10 and press time...
Tag: Minting
NFT Games ‘Aren’t Just About Minting’: WorldWide Webb Founder
After profile pictures, NFT creators forayed into the world of gaming, with limited success in breaking into gamer culture. These days, though, Worldwide Webb founder Thomas Webb thinks this sentiment...
Solana’s NFT Minting App on Saga Mobile
4 hours ago | 2 mins read NFT News Solana Mobile has unveiled Minty Fresh, a new NFT minting app built in-house. Solana hinted at more updates to follow in the upcoming weeks. Saga, Solana Mobile has ...
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting – Bitcoin News
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueus...
Play-and-Earn Football Prediction App Pooky Announces Minting of its Genesis NFT Collection
Advertisement     Pooky, a gamified Web3 risk-free prediction app, announced via a press release that its Genesis NFT Collection is ready for minting starting on 28 Fe...
Decentralized Lender TrueFi’s TRU Token Rallies Over 200% After Binance Minting TrueUSD Sparks Speculation
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Binance Bolsters Stablecoin’s Role In Market With $50 Million TrueUSD Minting
Binance, one of the world’s largest cryptocurrency exchanges, has announced that it has minted $50 million worth of TrueUSD, a stablecoin pegged to the US dollar. This decision comes after the New Yor...
TrueFi price explodes as Binance begins minting True USD
TrueFi (TRU/USD) has surged by more than 200% since yesterday after Binance announced that it had minted 50 million True USD (TUSD/USD) stablecoins. The move comes days after the US SEC started a regu...
Binance Starts Minting True USD (TUSD) as TRU Price Explodes
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to ...
COTI declares minting of gCOTI, the Treasury governance token
The first CMD token and the gCOTI, which serves as COTI’s Treasury governance token, were both created and minted on February 14, 2023. On top of COTI’s MultiDAG 2.0, the CMD token has been duly issue...
Paxos to Cease Minting New BUSD and End Relationship with Binance
The New York Department of Financial Services (NYDFS) has directed Paxos to cease issuance of new BUSD tokens, effective Feb. 21. “BUSD will remain fully supported by Paxos and redeemable to onboarded...
Ordinals minting sees uptrend as key metrics on Bitcoin [BTC]…
Active addresses and non-zero addresses increase as Ordinals mints surpass 80,000. Bitcoin has, however, remained at around 21,000 despite positive moves from Ordinals. Despite what appeared to be res...
Paxos Halts BUSD Minting as SEC Prepares Lawsuit
The SEC is reportedly taking aim at the owner and issuer of the world’s third-largest stablecoin, Binance USD. The U.S. Securities and Exchange Commission plans to sue Paxos Trust for violating invest...
$900 million in crypto leaves Binance in a day as Paxos suspends BUSD minting
After the cryptocurrency sector was hit by the news that crypto firm Paxos, the issuer of Binance dollar-pegged stablecoin, was ordered by the regulators to halt the BUSD minting, nearly $1 billion in...
Nearly $1 billion in crypto outflows from Binance in a day as Paxos suspends BUSD minting
After the cryptocurrency sector was hit by the news that crypto firm Paxos, the issuer of Binance dollar-pegged stablecoin, was ordered by the regulators to halt the BUSD minting, nearly $1 billion in...
Paxos and Binance end their partnership for BUSD, halting its minting
Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it woul...
Paxos To Suspend BUSD Minting And Sever Ties With Binance USD
Join Our Telegram channel to stay up to date on breaking news coverage The New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos to stop issuing the dollar-pegged Bina...
Paxos to stop minting BUSD stablecoins for Binance
Blockchain infrastructure platform Paxos Trust Company will halt the issuance of new Binance USD (BUSD) stablecoins amid the ongoing probe by New York regulators. Paxos officially announced on Feb. 13...
Aave community initiates proposal to freeze BUSD with Paxos’ halt of token minting imminent
Ad The Aave community is currently considering a proposal to freeze the BUSD reserve on the Aave V2 market in light of Paxos’ move to stop minting BUSD. BUSD issuer Paxos announced on Feb. 13 that it ...
Paxos to stop minting new BUSD stablecoin
Hours after the US Securities and Exchange Commission (SEC) had issued a Wells notice to Paxos, the issuer of BUSD, the company was reportedly told to stop issuing the stablecoin. New York regulator o...
Paxos ordered to cease minting Binance stablecoin by New York regulator
Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator,...
Here’s When Paxos Will Stop Minting Binance USD (BUSD)
The US-based blockchain infrastructure platform – Paxos Trust Company – will stop the issuance of new Binance stablecoins (BUSD) from February 21. Despite this, the firm said it has a “strong corpora...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD – Bitcoin News
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (...
Did MATIC whale sentiment shift amid Super Bowl NFT minting spree?
Polygon’s OpenSea daily volume soars after Super Bowl NFTs go live. MATIC limits its downside as top addresses resume accumulation. Super Bowl season is here and the excitement is already tricking int...
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
– Advertisement – File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. ...
OpenSea Launches New NFT Minting Toolkit
Popular Ethereum NFT platform OpenSea has released a new toolkit for creators, in line with its suite of Drops features which it has been releasing phase by phase. According to OpenSea, creators (and ...
Porsche NFT trading volume nears $5M despite launch woes, minting halt
German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing ...
Porsche to halt NFT minting after backlash
Porsche will no longer allow users to mint its Ethereum-based NFTs, according to a series of tweets posted by the luxury car company on Tuesday, Jan. 24. The company alluded to public backlash on Twit...
WEWE global’s cloud minting program eases crypto mining
Many people have doubts about approaching the crypto world, they often hear about it, and their curiosity pushes them into this sphere. They might even have decided to invest in crypto, but – in the e...
Bored Ape Yacht Club creator introduces skill-based NFT minting
The non-fungible token (NFT) ecosystem will be extended by Yuga Labs, the design studio behind Bored Ape Yacht Club (BAYC), starting with a free mint and a skill-based game. The multi-stage drop will ...
Fuse Gold collaborates with PoR & secures the minting function
Fuse Gold, which happens to be a tokenized gold protocol supported by LBMA-approved gold, happens to be kept in vaults all over the United Kingdom. At present, it has decided to incorporate Chainlink ...