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  • Market Cap: $2,404,040,063,312.62
  • 24h Vol: $52,696,067,307.91
  • BTC Dominance: 56.57%

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redemption-and-reshuffling:-busd’s-exit-from-top-10-cryptocurrencies-shakes-market-valuations

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Leave a Comment / Bitcoin, Blockchain, bnb, BTC, BUSD, crypto assets, Crypto Hacked, Cryptocurrencies, Cryptocurrency, decentralized finance, Digital Tokens, Doge, Ethereum, Exchange Tokens, Financial Technology, Greenback, Investors, Lido, Market Capitalization, Market Updates, Market Valuation, matic, OKB, Okx, Paxos, Polygon, PoW, Proof of Work, redemptions, Smart Contracts, SOL, Solana, Stablecoins, Staked Ether, STETH, Tether, top cryptocurrencies, Top Ten, usd coin, USDC, USDT, utility tokens, valuation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only […]

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5-high-profile-cryptocurrency-implosions-shatter-trust,-wipe-out-billions-in-value-during-2022’s-crypto-winter

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

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2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter Read More »