Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.
Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...
Stablecoins expanded to more than $169.7B in supply, with most value locked in dollar coins and a smaller supply of ...
Binance will issue BFUSD, a dollar-denominated asset that will also serve as a high-yield token. Simply holding BFUSD may grant 19.55% yield.
The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao ...
BTC hits $93k, FTX sues Binance, BlackRock’s BTC ETF hits $40bn, investors withdraw appeal in Dogecoin lawsuit, and ‘Crypto ...
Bitcoin surged past $70,000 as the Stablecoin Supply Ratio Oscillator highlighted high demand; Open interest in Bitcoin ...
LayerZero enables efficient transfers of PayPa’s stablecoin $PYUSD between Ethereum and Solana, potentially driving its ...
Binance still carries the biggest share of CEX trading. Recently, the exchange reached the milestone of 240M registered users ...
Paxos also previously issued Binance’s stablecoin, BUSD, before the New York Department of Financial Services (NYDFS) issued a cease-and-desist order against its issuance. On July 9, Paxos ...
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.
In another post cited, he said: "As part of Binance's exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT). Due to recent revelations that ...