How to Use an API Key Securely: 5 Tips From Binance
API keys enable users to access their data conveniently. From RSA key pairs to API key whitelists, learn five tips from Binance to keep your API keys safe.
Binance Withdrawals and BUSD Redemptions Surge Post Paxos Crackdown
Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked over recent news of regulatory action against Paxos and its stablecoin Binance USD BUSD. At the same time, the BUSD token has recorded significant redemptions, with 342 million BUSD burned over the last 24 hours according to Peckshield. On Feb. 12, news broke that the Securities and Exchange Commission (SEC) gave notice of potential enforcement action against Paxos. It alleged the stablecoin is an unregistered security, an assertion that Paxos denies. (Cointelegraph)
Circle Warned Regulator About Rival Binance Stablecoin Last Year, Bloomberg Says
Circle filed a complaint with the New York State Department of Financial Services last year over rival Binance's "mismanagement of reserves" for its own tokens, Bloomberg News reported.
Binance Upgrades its Proof of Reserves System, Adds Shiba Inu (SHIB)
The leading cryptocurrency exchange and blockchain ecosystem have upgraded its proof–of–reserves (PoR) verification system with zk-SNARK, a zero-knowledge verification method aimed at keeping users’ sensitive information more private and secure.
Funds Are SAFU and Binance Will Continue To Support BUSD, CZ Says
CZ highlighted on twitter that BUSD is issued and redeemed by Paxos and funds are SAFU!
Crypto Evening Briefing: Paxos To Stop Issuing Dollar-Pegged Binance Token; CZ Highlighted BUSD “Funds Are SAFU”
BUSD turned volatile in the wake of regulatory action against its issuer Paxos Trust Co. The decline in BUSD/USDT pair on Binance suggests some traders are moving money into tether.
Funds Are SAFU and Binance Will Continue To Support BUSD, CZ Says
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, and the New York Department of Financial Services ordered Paxos to stop creating more of its BUSD token.
BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens
Binance's dollar-pegged stablecoin BUSD turned volatile in the wake of regulatory action against its issuer Paxos Trust Co.
Existing Tokens Remain Fully-Backed and Redeemable Through Paxos Trust Company Through at Least February 2024
Paxos, the leading regulated blockchain and tokenization infrastructure platform, announced it will end its relationship with Binance for the branded stablecoin BUSD.
Paxos Will Halt Minting New BUSD Tokens
Paxos, the leading regulated blockchain and tokenization infrastructure platform, announced it will end its relationship with Binance for the branded stablecoin BUSD.
