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Binance CEO Changpeng ‘CZ’ Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S....
Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value.
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said.
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts.
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move.
A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap.
Web hosting company NameCheap detected the misuse of one of its third-party services for sending some unauthorized emails — which directly targeted MetaMask users.
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S.
The Ethereum co-founder has sent around $227,000 in ETH to two Turkish earthquake relief organizations.
