BUSD fell to $0.20 on Binance after trader sold $600K
BUSD temporarily plummeted on Binance’s crypto exchange due to a behemoth sell order, dropping to $0.20 against the DAI stablecoin.
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.
Despite community concerns, a vote to deploy Uniswap v3 on BNB Chain has passed with over 80% of the vote.