BUSD
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BUSD Faces Significant Market Value Drop While USDT Soars.
According to reports, Zhao Changpeng tweeted that in recent days, the market value of BUSD has dropped from $16.1 billion to $13.7 billion, down $2.45 billion,…
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BUSD drops below US $14 billion in market value
It is reported that according to the latest data of coingecko, the market value of BUSD has fallen below US $14 billion, from US $13.721 billion at the time of…
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Paxos Treasury Destroys Over 147 Million BUSD in a Single Transaction
It is reported that according to Whale Alert data, 147311624 BUSDs were destroyed by Paxos Treasury 38 minutes ago.
Data: Paxos Treasury destroyed 147 …
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Paxos Treasury Destroys Over $700 Million Worth of BUSD Tokens
It is reported that the data of Nansen, a blockchain intelligence company, shows that the Paxos Treasury encrypted wallet transferred $703 million worth of BUS…
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Paxos Treasury’s Action Negatively Affects BUSD Market Value
It is reported that with the destruction of BUSD by Paxos Treasury, the market value of the US dollar stable currency has dropped sharply in recent days. Accor…
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Massive Transfer of BUSD from Currency Security Exchange
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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Whale Alert: Paxos Treasury Destroys Over 117 Million BUSDs, Shrinks Market Value
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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Coinbase Faces Regulatory Challenges Amidst Controversy Over Stablecoin BUSD
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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Cryptocurrency Market Value Drops Below $1 Trillion After Paxos Announcement
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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Coinbase and Circle receive NYDFS approval to offer BUSD transactions 24/7
21:00-7:00 Keyword: Coinbase, BUSD, Circle, NYDFS
Overview of important developments overnight on February 14
Interpret the above information:
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Paxos Trust Company Faulted for Failing to Prevent Misuse of its Stablecoin
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 Burns Over 76 Million 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 and BUSD: How Paxos’ Compliance with SEC Regulations Made it the Go-To Partnership for Yingtou Securities
7:00-12:00 Key words: Circle, BUSD, Paxos, SEC, Yingtou Securities
Summary of important developments at noon on February 14
Interpret the above in…
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BUSD Dominates as the Largest Proportion of Reserve Certificates on the Blockchain
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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Stable Currency Dominates Cryptocurrency Market
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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What Led to the Destruction of 342 Million BUSDs in Paxos Treasury?
It is reported that according to PeckShield monitoring, about 342 million BUSDs have been destroyed in Paxos Treasury in the past 24 hours, and the market value
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BUSD Market and the End of FUD
On February 14, Zhao Changpeng, the founder of Coin, announced the BUSD market on Twitter and said that \”FUD is short\”.
Zhao Changpeng released the BUS…
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NYDFS Orders Paxos to Stop Issuing BUSD Due to Unresolved Relationship Problems with Qian’an
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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Decreased Confidence in BUSD Based on Regulatory Action Spurs Large Outflows
On February 14, Nansen data showed that the net outflow of Cipher Exchange\’s currency security was about 831 million US dollars in the past 24 hours, which was…
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BUSD trading volume skyrockets following Paxos and Binance partnership termination
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 BUSDs 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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The Impact Of SEC Regulatory Action On BUSD Stability
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. T
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Proposal to Freeze BUSD Reserves in Aave 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 circul
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The market share of USDT in the US dollar stable currency returned to around 50%, hitting a new high in nearly 14 months
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 4
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Paxos’ Support for BUSD 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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Founder of Binance, CZ assures continued support for BUSD despite SEC investigation
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…
