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The Process of Phasing Out BUSD Stablecoin Commences at Binance

Newt Bettec3 years ago2 min read

Binance to End Support for BUSD Stablecoin Binance, the popular crypto exchange, recently announced its decision to stop supporting the BUSD stablecoin. This move comes as…

August Sees $55 Billion Evaporated from the Cryptocurrency Market

Bernard Nicolai3 years ago2 min read

In August, Bitcoin experienced its largest monthly decline since November 2022, resulting in over $55 billion being drained from the market. The crypto market was highly…

Initiation of Bitcoin and Crypto Market Rally Evident in Binance Data

Gapster Innes3 years ago2 min read

Binance’s Move Away from BUSD and TUSD Boosts USDT Market Share Binance, the world’s largest cryptocurrency exchange, recently announced that it would no longer support BUSD…

August Crypto Market Witnessed Significant Capital Outflows, Reveals Latest Report

Newt Bettec3 years ago3 min read

The Crypto Market Sees $55 Billion in Capital Drain in August The crypto industry has been experiencing significant volatility in price movements, largely driven by events…

Public Release of Binance’s opBNB Mainnet

Cyrus Dailey3 years ago3 min read

BNB Chain Developers Release opBNB, an EVM-Compatible Layer 2 Solution After months of testing and a partial mainnet launch in August, BNB Chain developers have finally…

Binance Declares Burning of Unused BUSD Tokens

Bernard Nicolai3 years ago2 min read

Binance Announces Burn of BUSD Tokens on Multiple Chains Binance has recently been cutting ties with its stablecoin BUSD, and it has now announced a burn…

Unveiling the True Explanation for the Bitcoin Transaction Involving a $500,000 Fee

Newt Bettec3 years ago3 min read

Paxos Admits Responsibility for $500,000 Bitcoin Fee New York-based blockchain infrastructure company Paxos has taken responsibility for a massive $510,000 Bitcoin fee payment, which is the…

Binance’s Plan to Incinerate Various Cryptocurrencies on Polygon Network (MATIC) and Additional Tokens

Gapster Innes3 years ago2 min read

Binance Announces Token Burn as It Moves Away from BUSD and TUSD Binance, the world’s largest cryptocurrency exchange, has announced its plan to burn several Binance-pegged…

Paxos’ Error: Accidental Overpayment of $500k for Single Bitcoin Transaction

Noah Rypton3 years ago2 min read

Paxos Reportedly Pays Over $500,000 in Fees for a Bitcoin Transaction Blockchain infrastructure platform Paxos is believed to be responsible for the largest fee ever paid…

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