Tag: BUSD

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Binance will end support for BUSD stablecoin in December

Binance will end support for BUSD stablecoin in December

Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting [...]
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

The exchange’s new CEO, Richard Teng, who succeeded founder Changpeng “CZ” Zhao earlier this month as part of a $4.3 billion settlement with the U.S., [...]
Binance to shut down BUSD lending by October 25

Binance to shut down BUSD lending by October 25

Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.According to the October [...]
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins BUSD and USDC Aren’t Securities

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins BUSD and USDC Aren’t Securities

“Payment stablecoins, on their own, do not have the essential features of an investment contract,” meaning they fall outside of SEC jurisdiction, Circ [...]
Binance to 'Gradually' End Support for BUSD Products

Binance to 'Gradually' End Support for BUSD Products

Binance to 'Gradually' End Support for BUSD Products www.coindesk.com [...]
Binance pushes new stablecoin as it confirms plan to cease BUSD support

Binance pushes new stablecoin as it confirms plan to cease BUSD support

Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plan [...]
PolyNetwork Attacker Issues “Worthless” Billions in SHIB, BNB, BUSD in Latest Crypto Hack

PolyNetwork Attacker Issues “Worthless” Billions in SHIB, BNB, BUSD in Latest Crypto Hack

An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security pre [...]
BUSD falls to fourth position among stablecoins

BUSD falls to fourth position among stablecoins

The dollar-pegged Binance USD (BUSD) stablecoin sits now at the fourth position in market capitalization among other stablecoins following a dip of ov [...]
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit

Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit

Binance.US removed trading services for several crypto tokens on June 7. The move follows a lawsuit filed earlier this week by the United States Secur [...]
BUSD deposits and withdrawals via OCBS suspended on Binance.US

BUSD deposits and withdrawals via OCBS suspended on Binance.US

Amid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services.According to Bin [...]
Binance’s BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit

Binance’s BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit

BUSD, however, has shown signs of resilience despite the turbulence. The token has maintained its peg, seen only slightly above-average outflows of ov [...]
Binance replaces BUSD in SAFU Fund with TUSD & USDT

Binance replaces BUSD in SAFU Fund with TUSD & USDT

Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) [...]
Coinbase disables trading for BUSD

Coinbase disables trading for BUSD

US-based cryptocurrency exchange Coinbase announced the suspension of trading for the Binance  USD (BUSD) stablecoin on March 13 via Twitter. We have [...]
Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other Tokens

Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other Tokens

Binance tapped into its Industry Recovery Initiative funds to cover the move. www.coindesk.com [...]
Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

Aave Advances Plan to Nix Borrowing, Lending of Binance’s BUSD Stablecoin

Members of Aave’s decentralized autonomous organization (DAO) voted overwhelmingly in favor of a proposal to dramatically increase the cost of borrowi [...]
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