Nansen: investors pulled $6B+ out of the BUSD stablecoin in the past month after US regulatory pressure; BUSD was ~40% of Binance's trading volume in December
New York regulatory move accelerates withdrawal from BUSD stablecoin — Investors have pulled more than $6bn …
Binance admits flaws in maintaining its Paxos-managed BUSD stablecoin, which should be backed 1:1; ChainArgos: BUSD was undercollateralized by $1B+ in 2020-21
Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves …
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund
- Binance has released the addresses of its hot and cold wallets. — It provided a snapshot of its current holdings.
Nansen: over the past 24 hours, around $1B in ether, $950M in USDC, $400M in tether, and $195M in BUSD have been withdrawn from exchanges
Binance launches Bundle, a no-fee social payments app for users in Africa, starting in Nigeria with support for the naira, bitcoin, binance coin, and BUSD
Paddy Baker / CoinDesk :
Binance launches Bundle, a no-fee social payments app for users in Africa, starting in Nigeria with support for the naira, bitcoin, binance coin, and BUSD
A crypto payments app backed by global exchange Binance has launched in Nigeria, kicking the contest to become Africa's chief digital asset provider into high gear.