Search Results for: Binance USD

Binance Reportedly Removes Restrictions on Russian Users

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The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. Según múltiples informes, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on…

Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors

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In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Los lunes, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

"Fiat es frágil"-El colapso de Silicon Valley Bank despierta los dedos y las preocupaciones de contagio

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Banco del Valle del Silicio (SVB) se ha convertido en el centro de atención después de que su colapso provocó el EE. UU.. Corporación Federal de Seguros de Depósito (FDIC) para cerrar el banco el viernes. Era el mayor EE. UU.. falla bancaria desde 2008, and various alleged catalysts…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

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Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Desde entonces, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Mientras tanto, a data researcher from Nansen has discovered that Binance,…

Por poco 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Días

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Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Corrientemente, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

Metaverso, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

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En 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% sobre el último 30 días, and ethereum has risen 9.3% in the same timeframe. Sin embargo, year-to-date statistics show that bitcoin is down…

El CEO de Coinbase insta al Congreso a aprobar una legislación criptográfica clara y advierte que Estados Unidos corre el riesgo de perder el estatus de centro financiero

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El director ejecutivo de Coinbase, Brian Armstrong, ha pedido al Congreso que apruebe una legislación criptográfica clara, advirtiendo que EE.UU.. corre el riesgo de perder su estatus de centro financiero. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, el suministro de atadura, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…