BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert – Altcoins Bitcoin News
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens...
Altcoin News
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range – Altcoins Bitcoin News
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has...
Total crypto market cap takes a hit amid Silvergate Bank crisis
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However,...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance – Altcoins Bitcoin News
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from...
Robinhood Wallet rolls out on iOS with Android support to follow
Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130...
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value – Altcoins Bitcoin News
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last...
Bitcoin Depot converts BTC ATMs software to reduce operating costs
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have...
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns – Altcoins Bitcoin News
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking...
Treasury Secretary Janet Yellen calls for ‘strong regulatory framework’ for crypto activities
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days – Altcoins Bitcoin News
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins,...
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens – Altcoins Bitcoin News
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the...
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across...
Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results – Altcoins Bitcoin News
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according...
What is a grid trading bot, and how do you use it?
Grid trading is a quantitative trading strategy that involves placing automated buy and sell orders in an attempt to profit...
Helium Sets Solana Migration for March 27
Helium Network migration to Solana now has a proposed date as it is set to happen on March 27. According...
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is...
Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long...
Solana-Based Everlend Finance to Shut Up Shop
DeFi has been making waves in the financial world and one such platform, Solana-based Everlend Finance, was riding the wave...
Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments – Altcoins Bitcoin News
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin...
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade
Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six...
BNB Hacker Becomes Rocket Pool rETH Fourth Largest Holder
An address connected to the BNB bridge exploiter has moved $74 million worth of crypto to 0x5313, becoming the fourth-largest...
