DeFi project LaunchZone claims to be latest victim of BNB chain exploits
80% of funds have been drained from LaunchZone’s liquidity pool, resulting in its native token LZ plummeting in value.
80% of funds have been drained from LaunchZone’s liquidity pool, resulting in its native token LZ plummeting in value.
BUSD temporarily plummeted on Binance’s crypto exchange due to a behemoth sell order, dropping to $0.20 against the DAI stablecoin.
According to reports, $400 million was moved from Binance US’s account at Silvergate bank to CZ-controlled Merit Peak.
Crypto firm Paxos has stopped minting BUSD amid regulatory scrutiny, prompting its partner PayPal to back out of its own stablecoin launch.
Paxos has announced that it will no longer issue Binance USD after an order from the New York Department of Financial Services.