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

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 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates

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

Esmaspäeval, 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

Peaaegu 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Päevad

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. Praegu, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

FTX ja Alameda Research varisevad kurb sündmus, kuid "pikemas perspektiivis hea", ütleb DWF Labsi juhtivpartner

While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Nasdaq has announced the launch ofNasdaq Digital Assetsciting increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto Unit