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SEC Exonerates Paxos in BUSD Investigation
Yesterday, this web3 company announced that it received a formal termination notice from the SEC on July 9th, 2024.
It states that no enforcement...
BUSD’s Downfall, Navigating the Storm of its Decline
A notable crypto development on the horizon is Binance's decision to terminate support for BUSD. The CEX is scheduled to take effect this Friday....
Binance Announces Transition from BUSD to FDUSD
The move could be attributed to a variety of factors, including regulatory considerations, technological advancements, or a desire to offer users a more innovative...
Why Binance Will Stop Supporting BUSD in 2024?
Paxos, the issuer of BUSD, stopped the issuance of BUSD on February 21st, 2023. BUSD will still have 1:1 backing with US dollar-denominated reserves....
Why Have Users Chosen BUSD as a Replacement For UST and USDT?
The entire crypto ecosystem is in the red zone right now. The Terra (LUNA) ecosystem and its stablecoin UST appear to be the most...
Elrond Partners Binance to Launch BUSD
World’s largest digital asset exchange, Binance, has partnered with Elrond a blockchain architecture to make Binance-backed stablecoin BUSD available on Elrond Network.
According to the...
Crypto Regulation Showdown: Biden vs. Trump
Since President Trump took office, a lot has changed in the crypto landscape. So far, it seems for the better. The Biden administration had...
BNB Smart Chain Gasless Transfers for Stablecoins
BNB Smart Chain (BSC) has been very busy these last few months making lots of moves. Some of these strategic moves are based on...
Tether Invests $100M in Agriculture Amid Stablecoin Rivalry
This marks a significant shift for Tether, which has primarily focused its investments on emerging technologies, including artificial intelligence, Bitcoin mining, and digital education...
SEC Concludes Investigation of Hiro, Favoring Crypto Industry
This development marks a significant milestone for Hiro and the broader cryptocurrency sector, amidst ongoing regulatory scrutiny.
Hiro raised $70 million through token sales from...