BUSD
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Whale Alert Data Shows a Massive Transfer of BUSD to Unknown Wallet Addresses
It is reported that according to Whale Alert data, nearly 300 million BUSDs have been transferred out of the currency security exchange in the past 10 minutes,…
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Paxos Treasury Destroys BUSD: A Possible Sign of Stability
On February 15, according to Whale Alert data, Paxos Treasury destroyed 117401943 BUSDs at 07:54:47 UTC on February 15. With the continuous destruction, the ma…
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NYDFS Request for Paxos to Halt BUSD Production
According to reports, Coinbase said in its official tweet that this week the New York State Department of Financial Services (NYDFS) asked Paxos to stop issuin…
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Crypto Market Falls Below $1 Trillion as BUSD Casting Suspended by Paxos
It is reported that the total market value of cryptocurrency fell below US $1 trillion after Paxos, the issuer of the US dollar stable currency, announced the …
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Paxos Admits Receiving Notice from SEC Regarding BUSD
According to reports, according to Monday\’s press release, Paxos, the issuer of the stable currency, admitted that it had received the notice from the United S…
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Violations with BUSD jeopardize safety in the cryptocurrency market
According to reports, a spokesman for the New York Financial Services Department (NYDFS) told Reuters on Monday that the management of the Paxos Trust Company\’…
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Paxos Treasury Destroys BUSD Tokens
On February 14, according to Whale Alert data, Paxos Treasury destroyed 76152978 BUSDs on the Ethereum chain at 13:25 today.
Paxos Treasury just destro…
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The Circle-BUSD Partnership and the Adoption of Paxos: A Game-Changer for Yingtou Securities
7:00-12:00 Key words: Circle, BUSD, Paxos, SEC, Yingtou Securities
Summary of important developments at noon on February 14
Analysis based on this…
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BUSD Dominates the Reserve Certificates on the Blockchain of Coin and Ethereum
According to the report, according to the data of Dune Analytics, at present, the largest proportion of the reserve certificates on the blockchain of Coin and …
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Tether dominates stablecoin market with almost 50% share
On February 14, according to the data of The TIE and CoinGecko, the total market value of stable currency is about 138.5 billion US dollars, Tether\’s market sh…
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FTX Crash Causes a $7 Billion Loss in USDC Market Value
It is reported that the market value of USDC has shrunk by nearly US $7 billion since the FTX crash in October 2022. Glassnode data shows that before the FTX c…
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NYDFS Orders Paxos to Stop Issuing BUSD
On February 14, the New York State Department of Financial Services (NYDFS) officially explained that: \”The department has ordered Paxos to stop casting the BU…
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BUSD-USDT Trading Pairs Volume Increases Dramatically as Paxos Stops Issuing New BUSD and Terminates Binance Partnership
On February 13, according to CryptoCompare data, since Paxos announced that it would stop issuing new BUSD and terminate its partnership with Binance on Februa…
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Paxos Treasury Destroys Over 144 Million BUSD on Ethereum Chain
It is reported that according to Whale Alert data, Paxos Treasury destroyed 144469760 BUSDs on the Ethereum chain at 21:47 Beijing time today.
Paxos Tr…
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US SEC Regulation Influence on BUSD Anchor price
On February 13, it was reported that after the US SEC took regulatory action against the issuer of BUSD, Paxos, the anchor price of BUSD began to be unstable. …
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Aave community proposes to freeze BUSD reserves in V2 Ethereum market
On February 13, the Aave community launched a proposal aimed at freezing the BUSD reserves in the Aave V2 Ethereum market. The proposal believed that the circu…
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USDT Claims Top Spot in Stablecoins Market Value
According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for …
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BUSD to be Redeemed with Full Support until 2024
On February 13, Paxos said that the existing BUSD would be fully supported and redeemed at least until February 2024.
Paxos: The existing BUSD will be …
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Binance Founder CZ Responds to SEC Investigation on Paxos Stable Currency Issuer
On February 13, CZ, the founder of Binance, responded to the recent incident of \”SEC investigating the stable currency issuer Paxos\” and said that in the fores…
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The United States Securities and Exchange Commission: An Absolute Struggle?
According to reports, Frank Chaparo, the News Director of The Block, tweeted that the United States Securities and Exchange Commission (SEC) was engaged in an …