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

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 Binances 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

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 milijarde, marking the lowest number of BUSD in circulation since April 2021. Nadalje, data indicates

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

V ponedeljek, CEO Binance 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

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

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Od takrat, the coins market capitalization has been sliding lower as redemptions have become more prominent. medtem, a data researcher from Nansen has discovered that Binance,…

Skoraj 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Dnevi

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

Izvršni direktor Coinbase poziva kongres, naj sprejme jasno zakonodajo o kriptovalutah – Ameriko opozarja, da tvega izgubo statusa finančnega središča

Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s

Trg stabilnih coinov opaža povečanje ponudbe za Tether, ko konkurenti upadajo zaradi nedavnega regulativnega razvoja

Medtem ko je trg stabilnih kovancev v zadnjih treh mesecih doživel znatne odkupe, dobava privezi, največji stablecoin po tržni kapitalizaciji, se je povečalo za 2.46 milijard od sredine novembra 2022. Tether je edini izmed petih najboljših stabilnih kovancev…

Stablecoin GUSD’s Supply Jumps Close to 130% Višje v 30 Dnevi

While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the projects number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% med zadnjim 30 dnevi. GUSD Sees

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% v 2 meseci

In mid-August, oz 68 pred dnevi, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 milijarde. BUSD’s growth comes at a time when the market valuations of the top

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Dnevi

Just over two months or approximately 83 pred dnevi, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market