BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert

BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer AlertBefore Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]

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BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder ConcentrationAfter the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]

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BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin

This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin, and “most Canadians are aware of bitcoin.” Bank of Canada’s Financial System Review Highlights […]

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A New Line of Sex Toys Lets You ‘Get Off’ With the Price of Bitcoin

A New Line of Sex Toys Lets You 'Get Off' With the Price of BitcoinBitcoin markets and the overall value of cryptocurrencies have been going crazy with price swings over the past few months. To add a little more excitement to following the charts, a porn firm called, Camsoda, offers an interactive sex toy that reacts with the price changes of ethereum, litecoin, and bitcoin. Now individuals can literally have sex […]

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