Poloniex suspends support for BSC-based stablecoins
Poloniex just announced the suspension of support for stablecoins on the BSC layer.
Breaking: Binance CEO “CZ” Adds Another $1B In BUSD To Industry Recovery Initiative
Binance CEO Changpeng “CZ” Zhao on Friday said the crypto exchange Binance has allocated another $1 billion in BUSD to the Industry Recovery Initiative (IRI). The move comes after several…
Breaking: Poloniex Suspends Support For Stablecoins On BSC Network
As a major development, the Poloniex crypto exchange has announced that from November 24, it will stop deposits and withdrawals functions for stablecoins on the BEP20 (BSC) network. These include…
Crypto Trader Explains How BUSD Can Be Redeemed For USD If Binance Collapses
A crypto trader on Reddit explains how investors can redeem Binance’s stablecoin BUSD (CRYPTO: BUSD) in the unlikely event of the exchange collapsing. What Happened: Pseudonymous trader ‘Chymista Scepticus’ asked…
Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation
What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so…
Buysellvouchers Gift Card Marketplace Adds Binance USD as a Payment Method
One of the Leading gift card marketplaces, BuySellVouchers, announces the addition of Binance USD (BUSD) as a new method of payment for users of the online platform BuySellVouchers has grown…
Circle, the company behind USDC stablecoin, anticipates slower growth than Binance’s BUSD conversion
The creator of the U.S. dollar-pegged stablecoin USDC, Circle, has stated that increased competition in the stablecoin market is likely to put pressure on Circle stablecoins,
Binance to remove FTT as a trading pair except FTT/BUSD
Binance said it would shut down many trading pairs that contain FTX’s FTT because of the ongoing crisis. The only one to be left untouched will be the BUSD/FTT pair.
Binance to Remove Trading Pairs for FTX Token—Except With Stablecoin BUSD
Alongside shuttering FTT trading pairs with Bitcoin and Ethereum, Binance is also closing off the ability to short FTX’s token.
Crypto Payments On Twitter, Will These Coins Enter The List?
You probably are aware that Elon Musk completed the $44 billion Twitter deal just a few days ago. Now, the speculations about crypto payments being implemented for Twitter is increasing…
