Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
13.2.2023
It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security
Paxos to stop minting BUSD stablecoins for Binance
13.2.2023
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said
SonicUnwrap Protocol smoothens Crypto transactions with innovative feature
13.2.2023
UPI system in India will soon host an upcoming decentralized transaction for crypto with a core focus on security and seamless movements of tokens among the community. Per the announcement made by Sonic through an official blog post, the venture is working to bring v2 – SonicUnwrap Protocol...
Binance to support BUSD while exploring non-USD stablecoins, CZ says
13.2.2023
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
BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
13.2.2023
An SEC spokesperson told Coinesk the commission does not comment on the existence or nonexistence of a possible investigation
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency
Hello Pets to create an open entertainment ecosystem & become Web3’s Disney
13.2.2023
Hello Pets happens to be working towards the creation of an open entertainment ecosystem. Through this, and in their very opinion, all of the connected groups will find themselves in the position of being able to connect in matters related to storytelling, along with the art creation of shared IPs....
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
13.2.2023
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...
As Shiba Inu Price Explodes, These Hidden Gems Might 10x
13.2.2023
Shiba Inu (SHIB) is on a make-or-break collision course with the 200 Day MA. Will SHIB burst or bounce ahead of Shibarium launch?
Last week analysis touched on the likelihood of a SHIB retracement from resistance at $0.00001500. This is now firmly underway.
Shiba Inu has been in a retracement...
SEC lawsuit against Paxos over BUSD baffles crypto community
13.2.2023
Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value
Terra Luna Classic Price Prediction as LUNC Falls Below $1 Billion Market Cap – Time to Buy the Dip?
13.2.2023
The terra luna classic price has dropped by 3.5% in the past 24 hours, as part of a marketwide fall caused by speculation regarding the SEC acting against Paxos and the BUSD stablecoin. At $0.00016228, LUNC is also down by 10% in a week and by 8.5% in the last 30 days, with the altcoin seeing...
This Popular Hardware Wallet was Hacked by a Cybersecurity Firm – Should You Be Concerned?
13.2.2023
Crypto hardware wallet provider OneKey was hacked by cybersecurity startup Unciphered - in one second. The wallet manufacturer claims the vulnerability in its firmware that allowed the breach has been fixed.
On February 9, Unciphered posted a video on their YouTube channel, stating that they...