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Binance
Circle CEO Expects USDC to Benefit From Binance's Auto-Converting
Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.
Binance Seeks to Rev Up Its BNB Blockchain With Tech That Got Traction on Ethereum
The exchange effectively announced a separate blockchain where transactions can be offloaded and processed faster and more cheaply.
Binance Introduces Ether Staking in US as It Steps Up Competition With Rivals
Binance will start offering 6% annual percentage yield (APY) to its U.S. customers from as low as 0.001 ETH.
First Mover Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.
Nigeria to Create Virtual Free Zone With Crypto Exchange Binance
The Nigerian Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance over plans to create a virtual free zone focusing on blockchain and the digital economy, the agency said. “The Hash” panel discusses what this means for the country’s crypto adoption and regulation.
Binance to Stop Supporting USDC
Binance, issuer of third-biggest stablecoin, announced it will automatically move customers' funds to its Binance USD (BUSD) token from alternatives, including the larger USD Coin (USDC). "The Hash" panel discusses what this means for stablecoin regulation and the competition between BUSD and USDC.
Who Benefits From Binance Converting USDC to Its Own Stablecoin?
The world’s largest crypto exchange is “consolidating” liquidity around its own stablecoin, BUSD – in a move that could benefit Circle and harm Tether.
Binance Halts USDC Support; Inflation Hits Crypto
Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stories and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."