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Binance’s Ongoing ‘Stress Test’ Sees $3B Outflow in 7 Days: Here’s Everything That Happened So Far

By Mehab Qureshi
Today, 5:02 AM
Users have been withdrawing massive amounts of funds from Binance, including USD coin (CRYPTO: USDC) and other stablecoins.

$BUSD

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2 minute read
  • Cryptocurrency
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Binance Temporarily Stops USDC Withdrawals As Investor Concerns Over Reserves Mount

By Murtuza Merchant
Today, 5:02 AM
Cryptocurrency exchange Binance announced on Tuesday that it is temporarily halting withdrawals of the stablecoin USDC (CRYPTO: USDC) while it conducts a "token swap."

$BNB

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2 minute read
  • Cryptocurrency
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Tron’s Justin Sun Is ‘Deploying More Capital’ To Halt Decline Of USDD Stablecoin

By Murtuza Merchant
Today, 5:02 AM
Tron founder Justin Sun announced on Monday he swapped nearly $773,000 worth of Tron’s native stablecoin (CRYPTO: USDD).

$USDD

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‘Deteriorating Crypto Sentiment’ Doesn’t Bode Well For Coinbase In 2023: Analyst

By AJ Fabino
Today, 5:02 AM
Coinbase Global Inc (NASDAQ: COIN) confirmed that full-year revenue plunged in 2022, with CEO Brian Armstrong himself forecasting that the

COIN

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1 minute read
  • Cryptocurrency
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Coinbase Waives Fees On Tether-To-USDC Conversion As It Urges Shift To ‘Most Dependable Digital Dollar’

By Mehab Qureshi
Today, 5:02 AM
Coinbase (NASDAQ: COIN) has urged its customers to switch from Tether (CRYPTO: USDT) to USD coin (CRYPTO: USDC), billing it as the "most depen

$USDT

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1 minute read
  • Cryptocurrency
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Circle And SPAC Abandon Plan To Issue IPO, CEO Calls It ‘Disappointing’: What’s Next

By Murtuza Merchant
Today, 5:02 AM
The board of both Circle Internet Financial and Concord Acquisition Corp.

CND

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2 minute read
  • Cryptocurrency
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Cardano Will Launch USDA — Its U.S. Dollar-Backed, Regulated Stablecoin — In Early 2023

By Jose Rodrigo Safdiye
Today, 5:02 AM
Emurgo, the official commercial arm and founding entity of the Cardano (CRYPTO: ADA), recently announced the launching of the first fully fiat, regulatory compliance stablecoin in the Cardano ecosystem. 

$ADA

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1 minute read
  • Cryptocurrency
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Tether Says Crypto Exchanges Disabling USDC, USDT Transactions Over ‘Heavy Connections With FTX, Alameda, Solana’

By Mehab Qureshi
Today, 5:02 AM
Multiple exchanges disabled deposits and withdrawals for Solana-based Tether (CRYPTO: USDT) and USD C

$FTT

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2 minute read
  • Cryptocurrency
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Binance Temporarily Suspends USDT, USDC Deposits On The Solana Blockchain, Resumes Later

By Murtuza Merchant
Today, 5:02 AM
Cryptocurrency exchange Binance on Thursday temporarily suspended deposits of the stablecoins USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT) on the Solana blockchain "until further notice,"

$USDT

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1 minute read
  • Cryptocurrency
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After FTX Crash, Stablecoin Exodus? Tether, USDC See Heavy Exchange Outflows — But This One Remains Unscathed

By Mehab Qureshi
Today, 5:02 AM
Popular stablecoins are moving off exchanges, as the cryptocurrency industry continues to roil following the FTX (CRYPTO: FTT)

$BUSD

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