BUSD - Claimpayback

USDT market cap surges, while USDC and BUSD record massive declines

0xMain
April 10, 2023

BUSD, cap, declines, Hacking, market, massive, record, surges, USDC, USDT

Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. USDT...

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BUSD reserves crumble amid Binance regulatory saga

0xMain
March 28, 2023

Binance, BUSD, crumble, Hacking, regulatory, reserves, saga

The cryptocurrency markets have recently been shaken by another major regulatory push against Binance that sent ripples to the industry. This news seems to have caused liquidations on the firm’s native token, BUSD. The U.S. commodity futures trading commission (CFTC) has recently made...

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Coinbase suspends BUSD trading amid regulatory concerns

0xMain
March 13, 2023

BUSD, Coinbase, concerns, Hacking, regulatory, suspends, trading

Coinbase has announced to suspend trade for Binance USD (BUSD) due to concerns raised by regulators about Binance’s operations. Coinbase, the leading U.S. cryptocurrency exchange, has announced to suspend trade for Binance USD (BUSD), a stablecoin issued by Binance, the number one global...

USDC and BUSD market caps fall as regulators bash stablecoins

0xMain
February 14, 2023

bash, BUSD, caps, fall, Hacking, market, regulators, stablecoins, USDC

Stablecoins such as USD Coin (USDC) and Binance USD (BUSD) see their market capitalization fall following increasing regulatory scrutiny. Market data shows that BUSD’s market cap has fallen by 4.56% from $16.2 billion reported on Feb. 7 down to its current value of...

Paxos to stop minting new BUSD stablecoin

0xMain
February 13, 2023

BUSD, Hacking, minting, Paxos, stablecoin, stop

Hours after the US Securities and Exchange Commission (SEC) had issued a Wells notice to Paxos, the issuer of BUSD, the company was reportedly told to stop issuing the stablecoin. New York regulator orders Paxos to stop new BUSD minting Changpeng Zhao, the...