Binance USD (BUSD), a stablecoin pegged to the U.S. dollar, endured over $500 million in outflows in the roughly 24 hours since a U.S. lawsuit was filed against Binance and CEO Changpeng Zhao, data ...

Binance Global, the world’s largest crypto exchange, has acknowledged flaws in its systems that under-collateralized its BNB Smart Chain-based BUSD stablecoin by up to US$1 billion on at least three ...

The exchange has also seen a continuing wave of withdrawals over the past few months as it has tried to convince customers it has enough collateral to survive. Reading time 3 minutes After the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Binance has replaced its BUSD holdings in the SAFU fund ...

USD1, the dollar-pegged stablecoin linked to World Liberty Financial and the family of US President Donald Trump, added ...

Binance assured users that the change would not impact them in any way and that their funds would continue to be held in publicly verifiable addresses. Cryptocurrency exchange Binance announced on ...

Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25. According to the October 3 announcement, the exchange will close all ...

Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ...

Cryptocurrency exchange Binance said it will "gradually" end support for its BUSD stablecoin, removing it from spot and margin trading pairs. Users have been asked to convert their BUSD into other ...