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After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme … Read more
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency Exchange Binance Recruiting Personnel for Romania Offices Binance, the largest crypto exchange by trading volume, … Read more
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company. Go to Source Powered by WPeMatico
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services. Go to Source Powered by WPeMatico
The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital. Go to Source Powered by WPeMatico
A new partnership between Binance and Ingenico allows for in-store payments to be made in France via Binance Pay. Go to Source Powered by WPeMatico
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by … Read more
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem. Go to Source Powered by WPeMatico
Bitcoin’s upward momentum could continue according to Asian stablecoin demand and the BTC futures premium. Go to Source Powered by WPeMatico
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto exchange Binance has “secret access.” Clarifications by Binance US Binance US, a U.S.-based cryptocurrency trading platform … Read more