
Binance CEO Predicts Crypto Industry Could Move to Non-Dollar Stablecoins Following BUSD Drama
Binance CEO Changpeng Zhao has stated that BUSD’s regulatory issues might trigger an exodus to non-dollar stablecoins like the euro and yen.
Binance CEO Changpeng Zhao has stated that BUSD’s regulatory issues might trigger an exodus to non-dollar stablecoins like the euro and yen.
The goal of the Bank of England and other global central banks is to lower inflation. The BoE is committed to doing this through additional interest rate hikes.
According to Form 13G filed with the Securities and Exchange Commission (SEC), Ken Griffin’s firm owns about 1.73 million shares in Silvergate Capital.
Nonetheless, Mizuno backed Musk’s contribution to Tesla indicating that “he seems to have incredible bandwidth over his work”.
The pump in January 2023 inflation keeps markets on the edge as analysts expect further rate hikes and monetary tightening during the upcoming FOMC meetings in March and May.
The $700 million redemption of the BUSD stablecoin in just 27 hours represents 6% of the total coins in circulation.
The capabilities of the Pantos protocol are being stretched and tested with this testnet and the team has promised the best of security to power the smooth operations of the protocol.
The voting process on Modhaus saw a total of approximately 57,340 COMO tokens committed to the democratic process.
Although Coca-Cola saw its Q4 2022 revenue rise, the company suffered a decline in demand for other products from higher prices.
New York-based banking powerhouse Morgan Stanley opines that a drop in stablecoin issuance is a negative sign for crypto trading.
A US court has excluded FTX Turkish units from the company’s bankruptcy case after a request from the exchange’s representatives.
The Alphabet Inc Chairman revealed that the company is treading carefully in addressing toxic responses or content from Bard.
Earlier this month, Ford reported mixed earnings results for Q4 2022, performing below analysts’ expectations.
Civil proceedings from CFTC and the SEC will now have to wait.
Tron DAO has committed $100 million to AI Service Payment Platform, AI Infused Oracles, AI Informed Investment Management Services, and AI-generated Content.