Coinbase also noted that users will be able to withdraw their existing BUSD assets whenever they choose.
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.
Binance Exchange, the world’s largest crypto trading platform has announced the addition of 11 new tokens to its Proof-of-Reserve (PoR) system, expanding its coverage of assets that users can verify per the state of its current balance sheet.
Recent reports also suggest that the operations of Binance.com and Binance.US are intertwined. This would mean that regulators might exert greater scrutiny in this case.
Binance Exchange, the world’s largest digital currency marketplace by trading platform has announced the launch of its Joint Anti-Scam Campaign.
Binance is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States.
Based on the user inputs, the AI-powered NFT generator produces creative prompts and produce unique images.
In a note to executives and employees at the time of his retirement, Lee also talked about the necessity of blockchain technology.
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded.
The investigation is notably hinged on the “classification of retail clients and wholesale clients“ in what it said will be a targeted review.
Leading exchange Binance recently launched a dedicated Airdrop Portal that keeps track of all supported tokens.
The SEC said Binance.US purchasing Voyager Digital’s assets could prove unlawful or discriminatory.
Binance hopes to ensure that reserves do not mix with client funds henceforth.
It is expected that somewhere along the line, both parties will come up with a bigger solution that will allow payments to merchants in fiat currency.
Leading exchange Binance recently launched a Fan Club program for users that boasts exclusive team rewards.