Bybit Latest To Suspend USD Deposits Amid Silvergate Crisis

Bybit Crypto News: Top crypto exchange Bybit on Saturday said it suspended US Dollar deposits through bank transfer. The exchange cited service outages from its banking partner, although it did not na...

Crypto Exchange Bybit Halts USD Deposits Via Bank Transfer

12 hours ago | 2 mins read Exchange News Many crypto exchanges have severed connections with Silvergate Bank. Users of Bybit may no longer make new deposits in US dollars. Bybit, one of the leading cr...

Bybit suspends USD bank transfers amid service outages

Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to “service outages from a partne...

Bybit halts deposits via USD bank transfer, citing partner ‘service outages’

Crypto exchange Bybit stopped USD deposits via bank transfer, citing “service outages” from a partner.  “Effective immediately, USD deposits via wire transfer (SWIFT) and wire ...

Bitcoin’s Inflation Rate Falls Three Times Lower Than USD

The inflation rate of US dollars is 3.57 times greater than that of bitcoin. The current inflation rate of BTC is 1.8% while that of USD is 6.4%. The inflation rate of BTC is on a steady pace of decli...

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...

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...

Citizens Trust Bank Holds $65 Million in USD Coin reserves

Citizens Trust Bank, a financial institution that is regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coi...

True USD becomes 5th largest stablecoin after market cap surges 15%

Ad Over the last few weeks, the market value of True USD (TUSD) has surged and it is now ranked, according to Coin Market Cap, as the fifth largest stablecoin by market capitalization. In the last 24 ...

Staking Platform Ether.Fi Raised 5.3Mn USD in Recent Funding Round

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Binance USD Stablecoin Gets Booted Off Coinbase Amid Mounting Regulatory Pressure ⋆ ZyCrypto

Advertisement &nbsp &nbsp San Francisco-based cryptocurrency exchange Coinbase is kicking Binance USD (BUSD) off its platform. Coinbase cited failure to meet its listing stand...

Coinbase to Delist Binance USD Stablecoin Amid Regulatory Scrutiny

Cryptocurrency exchange Coinbase warned customers Monday the company will suspend trading for Binance USD in less than a month, two weeks after Paxos Trust disclosed it will stop minting the Binance-b...

Coinbase will suspend Binance USD trading

Coinbase has announced the suspension of trading for Binance USD (BUSD) on its exchange, citing regulatory guidance as the reason for the decision. In a surprising move, Coinbase, one of the world’s l...

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 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...

Ethereum testnet: up the usd price of GETH

Ethereum developers have announced plans to phase out the Goerli testnet, a testing platform used by developers to test their decentralized applications (dApps) on the Ethereum blockchain. The decisio...

Coinbase to suspend trading of Binance USD (BUSD)

Coinbase will suspend trading services to Binance starting mid-March The exchange stated that the decision comes after evaluating whether the stablecoin meets their listing standards Coinbase, a leadi...

Cryptocurrency Donations Worth 70Mn USD were Crucial for Ukraine

The war between Russia and Ukraine has continued for a year now. Started as a so-called military operation by the former over the latter has turned out to be a full-fledged war in no time. Such incide...

Mantle Core Seeks 200Mn USD for ‘Developer and dAPP Adoption’

Ethereum-based Layer 2 network, Mantle Core, is seeking 200 million USD worth of funds. A significant amount of funds is proposed with the intention to bolster Web3-focused startups over the network. ...

Coinbase Releases Major Update, Says Binance USD (BUSD) Stablecoin Set for Delisting – Here’s When

The largest US-based crypto exchange by trading volume has released a major update involving the embattled stablecoin project Binance USD (BUSD). According to a new announcement, Coinbase says they wi...

Coinbase To Suspend Binance USD $BUSD Trading By Mar. 13

– Advertisement – Summary: Coinbase said that the Binance-branded stablecoin BUSD does not meet the listing standards on the major crypto exchange. BUSD trading will be suspended on March ...

Shiba Inu Trading Live On Binance US Against USD

The move comes ten days after the American exchange disclosed plans to delist the KSHIB/USD pair. BinanceUS, the American partner of leading crypto exchange Binance, has launched a new Shiba Inu (SHIB...

Crypto: USD Coin coming soon to Mastercard

Thanks to a crypto partnership with Immersve, Mastercard is actually launching USD Coin (USDC) payments. USDC is the world’s second-largest stablecoin by market capitalization, and Immersve is working...

Paxos asserts that Binance USD is not a security under two separate tests

Ad Paxos published a letter from its CEO, Charles Cascarilla, on Feb. 21 in which the executive discussed the company’s ill-fated BUSD stablecoin. On Feb. 13, action from New York regulators led Paxos...

Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report

New York-based crypto company Paxos Trust Company is in “constructive talks” with the U.S. Securities and Exchange Commission (SEC) following enforcement actions surrounding stablecoin Binance USD (BU...

Binance USD [BUSD] maintains its peg even as outflow increases

BUSD has been able to maintain the $1 peg despite its FUD. Binance’s BUSD reserve has declined to around 12.4 billion. The regulatory hammer hung above Binance for some time before landing on Binance ...

Price analysis of Ethereum (ETH/USD)

Major cryptocurrencies’ price, including Ethereum (ETH/USD) and Bitcoin, were affected by macro data released by the United States. The middle week of February brought with it important news for tradi...

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 ...

What’s next for bitcoin and USD after CPI data

The Consumer Price Index (CPI) data has an impact on both the traditional global asset markets and the digital asset markets. The Federal Reserve will decide whether to tighten monetary policy further...

Flash loan exploit appears to be behind Platypus USD stablecoin attack

Platypus USD (USP) lost its dollar parity on Thursday following an apparent exploit that allowed a wallet to siphon off about $8.5 million from the token’s liquidity pools, just weeks after Plat...

Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action

The CEO of crypto exchange giant Binance says investors may turn to non-US dollar-pegged and algorithmic stablecoins amid regulatory pressure on Binance USD (BUSD). During a Twitter Spaces AMA on Feb....