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U.S. Federal Court Judge Amy Berman Jackson just dismissed Binance’s request to limit SEC’s use of language concerning Binance.US’s management of customer funds in press [...]
Binance.US recently backed out of the deal to acquire Voyager’s assets, including over 3.1 trillion Shiba Inu tokens, leaving them at risk of a selloff. The crypto space might see over 3.1 trillion Shiba Inu (SHIB) tokens dumped into the market along with other tokens, as Binance.US, the American counterpart of Binance, recently pulled out […]
The post 3.1 Trillion Shiba Inu at Serious Selloff Risk, Here’s Why first appeared on The Crypto Basic.
The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission's ongoing crypto crackdown, its rationale, and the potential outcome.
Binance users based in the United States are now able to create Web3 domains that serve as digital identities in a new partnership with Unstoppable Domains.
Stablecoin market faces decline, Tether dominates, USDC and BUSD see significant contractions.
Stablecoin market shrinks for the 14th month, raising concerns for cryptocurrency prices and liquidity.
The listing from Binance.US marks one of the most significant developments surrounding the Floki Inu ecosystem in recent times. Floki Inu (FLOKI) has just received a massive boost, as Binance.US, the third largest crypto exchange in the United States, recently declared support for the asset. The significant development brings Floki one step closer to global […]
The post Binance.US Finally Lists Floki Inu Amid Massive 33% Rally first appeared on The Crypto Basic.
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers, however, that withdrawal services are likely to be discontinued again. Binance US May [...]
The post Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars appeared first on Crypto Breaking News.
A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank.
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops to 1.5%, According to Kaiko The litigation with [...]
The post Binance US Market Share Shrinks Amid Legal Battle With SEC appeared first on Crypto Breaking News.
The Bitcoin price has been experiencing a sharp rally since last Thursday, when BlackRock filed its application for a Bitcoin spot ETF. Since hitting its local low of $24,819 right along the Tether FUD, the BTC price has risen by over 16% since the BlackRock news broke. Bitcoin Hits $138,070 On Binance US However, this [...]
The post Bitcoin Hits $138,000 On Binance US, What Happened? appeared first on Crypto Breaking News.
All you need to know about Binance’s latest move to move some $985 million into crypto.
Stablecoin swapping pool Curve Finance is experiencing the highest daily trading volume in its history, exceeding $7 billion in the past 24 hours after the Silicon Valley Bank (SVB) collapse triggered a wave of uncertainty across markets and depegged the USD Coin (USDC) from the U.S. dollar. Looks like we have the biggest daily trading [...]
The post Curve Finance trading volume reaches $7B historic high after USDC depeg appeared first on Crypto Breaking News.
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $.3.3 billion of Circle’s $40 million transfer request. Given USDC’s collateral influence, major stablecoin ecosystems followed suit in depegging from the dollar. Dai (DAI), a stablecoin [...]
The post Circle’s USDC instability causes domino effect on DAI, USDD stablecoins appeared first on Crypto Breaking News.
US regulatory agencies labeling BUSD as an "unregistered security" has caused a stir in the industry.
BUSD has lost considerable market share to competitors USDC and USDT as its market cap continues to tumble.
Stablecoins have been in the crosshairs of regulators recently, with Binance’s BUSD Stablecoin drawing the ire of the SEC.
Coinbase delisted beleaguered BUSD token, with others likely to follow.
Users can still withdraw their BUSD, but trading for the stablecoin ends next month.
Despite planning to halt BUSD trading by next month, Coinbase said users would have complete access to their Binance stable coin funds. San Francisco-based cryptocurrency exchange Coinbase has announced that it will suspend trading for Binance USD (BUSD), the stablecoin of the world’s largest cryptocurrency exchange, Binance. In a tweet today, Coinbase said it would […]
The post Coinbase to Halt Binance Stablecoin (BUSD) Trading first appeared on The Crypto Basic.
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