Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,633,575,210,650.84
  • 24h Vol: $80,501,009,164.67
  • BTC Dominance: 58.14%

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binance-converts-$1-billion-busd-into-bitcoin,-bnb,-and-ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Leave a Comment / Asset, Binance, Binance BUSD, Bitcoin, bnb, BTC, BUSD, Changpeng Zhao, circulating supply, conversion, Crypto Hacked, Cryptocurrency, CZ, Decision, depegging, depegging incidents, ETH, Ethereum, exchange portfolio tool, fund, Industry Recovery Initiative, Investors, Nansen, News, Onchain movements, Parity, Paxos, Reassurance, Regulators, safe, Silicon Valley Bank, Stablecoin, Stablecoin Prices, Stablecoins, SVB, Transparency, troubles, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]

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bybit-halts-us-dollar-deposits-via-bank-transfer-due-to-service-‘outages’-from-partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

Leave a Comment / Advcash wallet, Bank Transfer, Binance, Bitcoin, Blockchain, Bybit, Credit Card, Crypto Hacked, crypto traders, Cryptocurrency, Cryptocurrency Assets, Cryptocurrency Exchange, Decentralized, Digital Assets, Dubai-based, Ethereum, Exposure, Financial Technology, future, Global Markets, Impact, News, partner, platform, regulatory landscape, safe, secure, security measures, service outages, Silvergate Bank, Swift, trade volume, U.S banks, U.S. dollar deposits, user experience, user funds, Virtual Currency, Withdrawals / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit,

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