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Binance USD Loses 43% Of Market Cap Value Following Regulation Issues
Binance USD (BUSD) has suffered a significant loss of about 43% of its market cap value in the last 3 weeks following a regulatory crackdown by U. S. authorities. BUSD is a popular token issued by the Paxos Trust Company, and it serves as the native stablecoin of the Binance exchange. дальше »
2023-3-3 21:30 | |
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HSBC, Nationwide to restrict crypto purchases with credit cards
HSBC Holdings and Nationwide Building Society in the UK have banned retail customers from purchasing crypto with credit cards. Both of these banks cited the warnings about crypto assets issued The post HSBC, Nationwide to restrict crypto purchases with credit cards appeared first on AMBCrypto. дальше »
2023-3-3 10:48 | |
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The Sandbox issues phishing alert for new scam
A warning has been issued by The Sandbox, a blockchain-based metaverse startup, addressing a potential security compromise. дальше »
2023-3-3 21:31 | |
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USDC and BUSD in trouble with SEC’s pressure
The US Securities and Exchange Commission (SEC) issued a Wells notice to the BUSD issuer Paxos earlier this month. Since the Binance CEO, Changpeng Zhao (CZ), broke the news, the second and third-largest stablecoins have witnessed diverse movements. According to… дальше »
2023-2-27 14:29 | |
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Circle reports an increase in USDC stablecoin circulation
On Feb. 23, in response to the BUSD incident, Circle reported a significant increase in the circulation of their stablecoin, USDC. They have issued 2.1 billion and redeemed 1.5 billion coins, resulting in a net circulation increase of $600 million… дальше »
2023-2-26 16:46 | |
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Authorities Uncover Crypto Mine Hidden Under A School
The police have moved to arrest a former Massachusetts state facility worker for allegedly stealing nearly $18,000 worth of electricity to run an illegal crypto-mining operation. According to reports, the accused, Nadeem Nahas, set up a secret crypto-mining facility inside Cohasset High School’s crawl space. дальше »
2023-2-25 17:00 | |
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US watchdogs issue joint warning to banks over liquidity risks stemming from crypto, stablecoin reserves
United States regulators issued a joint statement to banks on February 23 warning of liquidity risks stemming from cryptocurrency-related clients and their deposits, Reuters reported. The post US watchdogs issue joint warning to banks over liquidity risks stemming from crypto, stablecoin reserves appeared first on CryptoSlate. дальше »
2023-2-24 20:08 | |
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US federal regulators warn banks of crypto-related liquidity risks
Three United States federal regulators have issued a warning to banks about crypto-related liquidity risks The warning relates to volatility in deposit inflows and outflows related to crypto-enThe post US federal regulators warn banks of crypto-related liquidity risks appeared first on AMBCrypto. дальше »
2023-2-24 19:20 | |
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US Banking Regulators Warn Banks About Crypto Liquidity Risks
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets. дальше »
2023-2-24 19:14 | |
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Canadian Securities Administrators (CSA) publishes new crypto guidelines
The Canadian Securities Administrators on 22 February issued new guidelines for the local crypto industry. Crypto exchanges and other companies will now be required to follow custody rules for The post Canadian Securities Administrators (CSA) publishes new crypto guidelines appeared first on AMBCrypto. дальше »
2023-2-23 16:00 | |
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Binance To Destroy $2 Billion Idle BUSD On The BNB Smart Chain (BSC)
Binance, the world’s largest cryptocurrency exchange by trading volume, will “destroy” $2 billion BUSD which idle on the BNB Smart Chain (BSC), per a tweet on Feb. 22. Burning $2 Billion Of Idle BUSD On The BSC BUSD is a stablecoin issued by Paxos on Ethereum under the Binance brand. дальше »
2023-2-23 01:00 | |
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Swam Markets GmbH launches world-first securities-backed tokens
These are the first DeFi-compatible securities. The stocks and bonds token will be issued by SwarmX GmbH, a wholly-owned subsidiary of Swam Markets GmbH under a prospectus registered with the Financial Market Authority in Liechtenstein. дальше »
2023-2-21 16:57 | |
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How Hong Kong Is Gearing Up to Regulate Stablecoins
Requiring foreign entities who have already issued stablecoins to set up a Hong Kong entity for issuing stablecoins might throw up complications. дальше »
2023-2-22 10:23 | |
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Binance reserves lost $2.3B following BUSD debacle
Investors withdrew around $2. 3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The post Binance reserves lost $2. дальше »
2023-2-18 20:50 | |
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TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is. дальше »
2023-2-17 21:03 | |
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How This Company “Snitched” On Binance To Get An Advantage In Stablecoin Race
Per a report from Bloomberg, crypto exchange Binance’s recent issues with U. S. regulators were triggered by Circle. The company behind stablecoin USD Coin (USDC) allegedly issued a complaint to the New York State Department of Financial Services in 2022. дальше »
2023-2-14 23:19 | |
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BNB Crashes 10% Amid Uncertainty Around Binance
Binance Coin (BNB), created and issued by the exchange Binance has suffered a massive drop in its price action. The crash follows an investigation from the U. S. Securities and Exchange Commission (SEC) against crypto firm Paxos, which supports Binance stablecoin’s BUSD. дальше »
2023-2-14 21:02 | |
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Blockchain Company Paxos Trust ordered to stop issuing Binance USD
The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance USD is an unregistered security. дальше »
2023-2-13 12:46 | |
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The SEC may potentially sue Paxos over BinanceUSD – WSJ
The United States Securities and Exchange Commission (SEC) enforcement division has issued a Wells notice to Paxos — The Wall Street Journal (WSJ) reported, citing anonymous sources. The post The SEC may potentially sue Paxos over BinanceUSD – WSJ appeared first on CryptoSlate. дальше »
2023-2-13 10:30 | |
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Bitcoin exchange LocalBitcoins set to shut down this month
Bitcoin (BTC/USD) peer-to-peer (P2P) exchange LocalBitcoins has today issued a service closure statement stating that it is set to shut down this month due to the “ongoing very cold crypto winter. дальше »
2023-2-10 17:07 | |
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Flare and Uppercent collaborate to create an e-learning NFT marketplace
Flare and Uppercent have entered a strategic partnership to create an e-learning NFT marketplace. This would be the first NFT marketplace dedicated to e-learning. The NFTs would be issued in the Flare network. дальше »
2023-2-9 19:14 | |
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SEC to tighten oversight over crypto investment advisors
The US financial watchdog has issued a notice entailing tighter scrutiny of crypto brokers and financial advisers giving crypto investment services this year. The United States Securities and Exchange Commission (SEC) has announced that the securities market will face new… дальше »
2023-2-8 15:41 | |
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South Korea issues guidance on security tokens, details inside
South Korea’s financial regulator has issued a set of guidelines outlining which types of digital assets will be considered and regulated as securities in the country. By amending its ElectroThe post South Korea issues guidance on security tokens, details inside appeared first on AMBCrypto. дальше »
2023-2-6 18:00 | |
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South Korea issues guidance on security tokens, STOs
South Korea’s Financial Services Commission (FSC) issued guidance on the regulation of security tokens and their issuance on February 6. The post South Korea issues guidance on security tokens, STOs appeared first on CryptoSlate. дальше »
2023-2-6 13:00 | |
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Debt DAO’s FTX Users’ Debt (FUD) Token Gets Listed on Huobi
Debt DAO has issued FTX Users' Debt (FUD) tokens and Justin Sun-backed exchange Huobi has listed the token. The post Debt DAO’s FTX Users’ Debt (FUD) Token Gets Listed on Huobi appeared first on BeInCrypto. дальше »
2023-2-6 19:42 | |
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This Bankrupt Crypto Firm Returns 27,000 Mining Rigs To Pay Off Loan
During the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to the downside, and they defaulted on their loans. дальше »
2023-2-4 21:16 | |
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Australian authorities released a legal document on cryptocurrencies
The Australian government has issued a consultation document on token matching and has requested stakeholder responses by March 3, 2023. Its development was first announced in August 2022. This happened 3 months after the government of Prime Minister Anthony Albanese replaced the previous administration under the leadership of Scott Morrison. дальше »
2023-2-3 12:54 | |
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Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin
Munger is advocating for a ban on Bitcoin and other cryptocurrencies, arguing that the recent proliferation of privately issued cryptocurrencies has led to a gap in regulation and a disregard for consumer protection дальше »
2023-2-2 09:36 | |
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Time To Sell Bitcoin And Crypto? ‘Big Short’ Michael Burry Tweets ‘Sell’
Just hours before the U. S. Federal Reserve’s interest rate decision today, legendary trader Michael Burry issued a warning for the financial market that could affect Bitcoin and crypto as well. дальше »
2023-2-1 11:30 | |
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1 Billion DYDX Tokens Released: Examining the Potential Impact on Price
The dYdX Foundation has issued a governance token called DYDX to govern its Layer 2 protocol on the blockchain. The token will be accessible over five years and is subject to transfer restrictions enforced through off-chain agreements. дальше »
2023-2-1 20:35 | |
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Australian financial watchdog had FTX under surveillance before its collapse
Australian regulators were allegedly on the lookout for FTX’s troubles six months before the crippled firm filed for bankruptcy protection from creditors. According to a publication issued by Guardian Australia, FTX was under surveillance by financial regulators in Australia six… дальше »
2023-1-30 11:47 | |
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Floki Inu (FLOKI) Gains Momentum – Here’s Why
Floki Inu, a meme coin birthed by fans and the SHIB community, has joined the class of rising coins. The meme coin has seen tremendous performance over the past few hours after its governing DAO issued an important developmental proposal. дальше »
2023-1-28 15:00 | |
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