BUSD
BUSD Stablecoin Temporarily Plunges to $0.20 on Binance
Binance USD (BUSD), the third-largest stablecoin by market cap, quickly dropped to a low of $0.20 against the DAI stablecoin on Wednesday morning as liquidity dried up on the Binance crypto exchange. "First Mover" hosts weigh in on the price action.
La stablecoin BUSD se desploma temporalmente a 20 centavos en Binance
La moneda estable, que actualmente se encuentra en medio de una disputa regulatoria, recuperó inmediatamente su paridad de 1 dólar.
Bitcoin Core Maintainer Marco Falke Plans to Step Down; BNB-Bitcoin Ratio Drops To Six-Month Low
Marco Falke, one of the five maintainers for Bitcoin, said he plans to step away from the position, according to his tweet cited by the Wall Street Journal. Separately, BNB Chain's native token is losing ground against bitcoin (BTC) in the wake of regulatory action against Binance-branded dollar-pegged stablecoin BUSD.
Paxos mantiene conversaciones constructivas con la SEC
La noticia de las conversaciones llega una semana después de que Paxos dijera que recibió un aviso de Wells del regulador.
El token TRU de TrueFi se dispara más del 200% tras la especulación generada por la acuñación de TUSD de Binance.
El Rally parece provenir de comerciantes que conectaron erróneamente TRU con TUSD, una moneda estable que había sido emitida por TrueFi en el pasado pero que ahora ya no lo es.
El drama del BUSD prepara el terreno para la reorganización del mercado de las stablecoins
La apuesta de Binance por su moneda estable BUSD podría resultar contraproducente y provocar una renovación de quién gana en los Mercados de tokens vinculados al dólar.
USDT de Tether gana $1 mil millones mientras Paxos quema más de $1.8 mil millones en stablecoins de Binance USD.
El aumento se produce en un momento en que el emisor de BUSD, Paxos, se enfrenta a un mayor escrutinio regulatorio.
Former Paxos Head of Portfolio Management on 'Noise and Confusion' Around Stablecoins
Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell discusses the case for stablecoins and how it is a "very simple instrument." Campbell added, "One of the things that's always been a little bit confounding to me is the extreme sort of noise and confusion around [stablecoins] when really, they work very similarly to the things we're already familiar with and quite frankly had a great deal of reform in."
Stablecoin Issuer Paxos Burns $700M Binance USD Amid Regulatory Pressure
Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the cryptocurrency amid mounting regulatory pressure, blockchain data shows. Jesse Austin Campbell, Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor, discusses his outlook for the stablecoin market and crypto regulation.
Paxos to Stop Minting Stablecoin BUSD: What Happens Next?
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell weighs in. "The lesson showing people here is that over the last few years, the greatest mistake is to be an on shore regulated company in the crypto space," Campbell said.