Coinbase to suspend Binance USD trading in March
Binance USD has been under scrutiny by the US SEC which claims that it is a security. NYDFS recently ordered Paxos to stop issuing BUSD. Paxos also went ahead to…
Binance Coin price analysis: BNB bulls need to strengthen above $300
Binance Coin price is around $304, just in the green over the 24-hour time frame. BNB recently rejected from the $340 resistance area. Bears could target $260 if they take…
BUSD briefly falls to $0.20 on Binance
Binance USD (BUSD) temporarily plunged to $0.20 on Binance on Wednesday. The depeg against DAI happened after a single $647,000 sell order. BUSD quickly regained its $1 peg, with the…
17% of BUSD supply redeemed this week. What next for Binance, BNB and crypto?
Key Takeaways 17% of the BUSD supply has been pulled from exchanges in the last week BNB has been curiously resilient, above the level it was pre-announcement of the BUSD…
CZ denies reports Binance plans to delist US-based tokens
The Binance CEO tweeted that the reports were false However, he acknowledged the exchange had “pulled back” on some deals. Binance has endured a lot of FUD over the past…
Binance CEO says the stablecoin landscape is shifting
The market cap of Binance USD (USD) stablecoin has declined by $2.45 billion. Over $2.37 billion has moved from BUSD to Tether (USDT). USD Coin (USDC) has also seen its…
Binance withdrawals surge post SEC’s Paxos clampdown
The SEC issued a wells notice to Paxos concerning the issuance of Binance USD (BUSD) stablecoin. Shortly after, the NYDFS ordered Paxos to stop issuing BUSD. While BUSD issuance stopped,…
Binance Coin extends losses as BNB dumps 10% amid negative news
Binance Coin price fell amid news around Paxos and its stablecoin BUSD BNB traded to lows of $284, extending intraday declines from highs of $321 as uncertainty engulfed the stablecoin.…
Blockchain Company Paxos Trust ordered to stop issuing Binance USD
The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance…
Binance Academy Launches Scholarship Program to Enhance Web 3.0 Education in the Philippines
Singapore, Singapore, 8th February, 2023, Chainwire Binance Academy, the educational platform of the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, is teaming up with Edukasyon.ph, Philippines’ largest education technology…