What do you know about NYDFS approved Binance USD backed stable coin? AtoZMarkets shares initial findings in this BUSD guide to trade Binance stable coin.
Binance, one of the world’s biggest digital asset exchanges, has launched crypto lending services in its bid to attract customer deposits.
Baidu search engine data has indicated that China drives Bitcoin rally amid the supposed ban on crypto-trading.
New York City Supreme Court, restricted Tether Ltd, from using its reserves to cover its partner’ Bitfinex $850 million losses.
Bitfinex IEO raised $1 billion in a recent private token sale. It took one of the largest crypto exchanges just 10 days to raise money.
According to a well-known Chinese trader Dong Zhao Bitfinex token offering project has already received 1 bln сommitments in USDT.
Tether’s lawyer has said in an affidavit that its USDT cash reserves are 74% backed by cash reserves, and it knowingly did not disclose this information.
Tether has recently made an important update on its website. After the changes in Tether terms and conditions, USDT is not USD backed.