Cryptory.net - Binance, a leading cryptocurrency exchange, has announced its plans to remove 25 trading pairs involving Binance USD (BUSD). This decision will affect the Binance Margin service, which provides traders with access to margin trading of various crypto assets.
Cryptory.net - In a recent report by CCData, it was revealed that the market capitalization of stablecoins hit its lowest point since August 2021, dropping to $124 billion in September. Furthermore, the dominance of stablecoins in the overall crypto market cap decreased by 0.2% to 11.6% as of September 18th.
Binance is facing a lawsuit from the United States Securities and Exchange Commission (SEC), which has classified a minimum of 61 cryptocurrencies as securities, impacting tokens worth $100 billion in the market.
Defillama reports that the current market capitalization of stablecoins stands at $129 billion, which is a decrease from the May 2022 figure of over...
Since the start of this year, the crypto economy has grown by 41.77% and currently has a market capitalization of $1.17 trillion. However, during this period of growth, the stablecoin economy suffered a significant loss of $7.3 billion in just 140 days.
Mastercard has entered a partnership that will allow retail customers in the APAC region to spend their stablecoins anywhere that Mastercard is accepted.
Cryptory.net - $1 billion Industry Recovery Initiative fund will be used to support crypto projects that are struggling with liquidity issues due to the FTX collapse.