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Stablecoin
Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.
Binance Transferred $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
Cryptocurrency exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year, according to Forbes. In a statement sent to CoinDesk, a Binance spokesperson said in part that the transactions identified by Forbes relate to internal wallet management and did not affect the collateralization of user assets. Forbes Director of Data and Analytics Javier Paz discusses the key takeaways from the article.
Coinbase to Suspend Trading for Binance USD Stablecoin
Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange announced in a tweet Monday. The suspension affects Coinbase.com, Coinbase Pro, Coinbase Exchange and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw them at any time, Coinbase said. Lumida CEO and co-founder Ram Ahluwalia shares his reaction and outlines potential regulatory implications.
Tumaas ng 35% ang Token ng Stablecoin Lender Liquity sa Binance Listing
Ang LQTY ay umabot sa 10-buwan na mataas na $1.82 habang ang dami ng kalakalan ay tumaas ng 382%.
TrueUSD Naging Ika-5 Pinakamalaking Stablecoin bilang Binance Mints $130M TUSD sa isang Linggo
Ipinapakita ng data ng Blockchain na ang higanteng Crypto exchange na si Binance ay higit na umaasa sa TUSD kasunod ng isang crackdown sa Binance USD stablecoin nito ng mga regulator ng US.
DeFi Giant MakerDAO Tinatanggihan ang $100M na Pautang sa Cogent Bank
Ang pagtanggi ay kasunod ng wala pang isang taon matapos aprubahan ng Maker ang isang katulad na structured na loan sa Huntingdon Valley Bank.
Duo sa Pag-aresto ng French Police na Kasangkot sa Platypus Crypto Exploit
Ang pagsasamantala ng flash loan ay nag-drain ng protocol na mahigit $9 milyon sa mga asset at nagpabagsak sa Platypus USD (USP) sa peg nito.
Ang DeFi Protocol Platypus ay Babayaran ng Hindi bababa sa 63% ng Mga Pondo ng User Pagkatapos ng $9M na Hack
Ang protocol na nakabatay sa Avalanche ay nakipagtulungan sa Crypto exchange Binance upang matukoy ang mapagsamantalang responsable sa pag-atake noong nakaraang linggo.
Ang Frax Finance ay Bumoto upang Ganap na I-collateralize ang $1B Stablecoin Nito
Ang boto ay isang hakbang para sa katutubong stablecoin na frxUSD ng Frax na ihinto ang algorithmic na elemento nito.
