Search results
Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD
Fortune via Yahoo Finance· 1 year agoOn Monday, the New York-based Paxos announced that it will end its partnership with the crypto giant...
Binance Admits to Problems With Its BUSD Peg
Decrypt Media via Yahoo Finance· 1 year agoBinance, the world’s largest crypto exchange, admitted Tuesday to flaws in its system that left its supply of Binance Smart Chain BUSD—one of the...
BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
CoinDesk via Yahoo Finance· 1 year agoThe Binance USD (BUSD), the third-largest stablecoin by market cap, is returning to its intended $1...
What New York Regulator's Crackdown on Binance USD (BUSD) Means for Investors
Motley Fool· 1 year agoThe New York State Department of Financial Services (NYDFS) has ordered crypto firm Paxos to cease...
BUSD Drama Sets Stage for Stablecoin Market Reshuffling
CoinDesk via Yahoo Finance· 1 year agoThe uncertain future for embattled stablecoin Binance USD (BUSD) is stirring discord in the...
BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama
CoinDesk via Yahoo Finance· 1 year agoBNB, the native token of the Binance-initiated blockchain network BNB Chain, is losing ground...
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
CoinDesk via Yahoo Finance· 1 year agoBUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past...
Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action
Forkast News via Yahoo Finance· 1 year agoIn this issue Paxos: BUSD bust Kraken: Crackdown Chinese blockchain: Growing concern From the...
Declining Demand for Binance's BUSD Represents New Chapter in Stablecoin Wars
CoinDesk via Yahoo Finance· 1 year agoThe largest crypto exchange’s Binance USD stablecoin endured $5.5 billion net redemptions in a month...
Binance’s BUSD stablecoin has not always been fully collateralized: report
Forkast News via Yahoo Finance· 1 year agoBinance Global, the world’s largest crypto exchange, has acknowledged flaws in its systems that...