Cryptocoins News / The Cointelegraph - 2 years ago
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024. The European Parliamen...
Cryptocoins News / CoinJournal - 2 years ago
News headlines are filling up with claims that cryptocurrency investment is stoking a class war, with allegations that it is becoming an elitist pursuit inaccessible to people with less disposable income. With the recent collapse of FTX wiping out bi...
Cryptocoins News / CoinJournal - 2 years ago
There’s no question that GameFi is a burgeoning area of Web3 and one of the areas most likely to be positively impacted by the benefits of blockchain infrastructure and decentralized finance (DeFi), especially when play-to-earn (P2E) gaming is...
Cryptocoins News / CoinJournal - 2 years ago
Bakkt App will officially terminate on 16 March 2023, the firm announced today. However, Bakkt says app users will still access their cryptocurrencies and cash through a new web experience. The company says its focus now is on scaling its business-t...
Cryptocoins News / CoinJournal - 2 years ago
Crypto investors can benefit from advanced financial services through decentralized applications and blockchain networks. Not only do cryptocurrencies represent lucrative investment opportunities, but users can also stake to earn a passive yield. Thi...
Cryptocoins News / The Cointelegraph - 2 years ago
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Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum.Zeller argued that the Paxos-issued stablecoin was bound to decline in supply and inability to mint new tokens would affect peg arbitrage opportuniti...
Cryptocoins News / The Cointelegraph - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Machine learning is based on the idea that a system can learn to perform a task without being explicitly programmed. Machine learning has a wide range of applications...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Central Bank of the United Arab Emirates (CUBUAE) will launch a central bank digital currency (CBDC) as one of the nine initiatives under its newly-launched Financial Infrastructure Transformation Programme (FIT). The apex bank disclosed...
Cryptocoins News / CoinJournal - 2 years ago
Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto. The analyst said this in a note to clients on Monday following regulatory moves against crypto firm Paxos and th...
Cryptocoins News / CoinStats - 2 years ago
Bitcoin is the first and most popular cryptocurrency in terms of market capitalization and user base. Created in 2009, the flagship cryptocurrency has seen a meteoric rise from 2010 when the price for one token rose from fractions of a dollar to $0....
Cryptocoins News / The Cointelegraph - 2 years ago
As Hong Kong has been opening up to crypto, major financial institutions such as DBS Group are targeting new crypto services in the Chinese territory. Singapore state...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin was 26X more volatile on a weekly basis than the euro in 2022, up from 19X in 2021 and 16X in 2020 Key Takeaways & & There is a perception that Bitcoin’s volatility is coming down, however the data fails to back this up Bitco...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Paxos will wind down its relationship with Binance for the BUSD stablecoin.BUSD redemptions will continue till at least February 2024 but no new tokens will be minted following an order from the New York Department of Financial Services...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Twelve hours after The Wall Street Journal (WSJ) reported that cryptocurrency firm Paxos is facing a Securities and Exchange Commission (<a href="https://www.financemagnates.com/tag/sec/" target="_blank" rel="foll...
Cryptocoins News / CoinJournal - 2 years ago
Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD& Paxos, the blockchai...
Cryptocoins News / CoinJournal - 2 years ago
Binance Coin has made a strong bearish breakout in the past few hours. Paxos was ordered by US regulators to stop minting BUSD. Binance has seen significant outflows in the past 7 days. Binance Coin (BNB) price pulled back on Monday, becoming...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Eddy Alexandre, the mastermind behind the fraudulent <a href="https://www.financemagnates.com/terms/f/forex/" class="terms__secondary-term" id="6faa6714-7f7b-4d23-b1c5-c0d40807d613" target="_blank"&...
Cryptocoins News / The Cointelegraph - 2 years ago
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company until at least February 2024, Paxos said. Blockchain infrastructure platfo...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance CEO Changpeng “CZ” Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S. SEC and New York regulators....
Cryptocoins News / The Cointelegraph - 2 years ago
Members of the community were confused and argued that people buying the stablecoin were not expecting it to go up in value. Paxos Trust Company-issued stablecoin Bina...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services.The order coincided with the SEC’s plans to sue Paxos for selling unregistered securities in BUSD.CEO of the crypto exchange, Ch...
Cryptocoins News / CoinJournal - 2 years ago
The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance USD is an unregistered security. Just hours after the US Securities and Exchange C...
