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Binance To Phase Out BUSD By 2024

NagaNaga Avan-Nomayo·
Binance
Binance encouraged eligible users to convert their BUSD assets to other stablecoins before February 2024. The exchange added that Binance-Peg BUSD token withdrawals via BNB Chain, Avalanche, Polygon, and Tron networks will cease in September. Deposits on these networks including Ethereum will continue until further notice. After an SEC crackdown,...

Blur solidifies reign in NFT space with 60% trading volume market share

Nick Cannon·
Blur solidifies reign in NFT space with 60% trading volume market share 19
OpenSea remains on the sidelines as Blur dominates NFTs trading volume on Ethereum. Although the general drop in interest has affected activity on Blur, its daily sales volume puts it ahead of OpenSea Across Ethereum-native NFTs marketplaces, Blur remains dominant as the NFT marketplace and aggregator, accounting for nearly 60%...

Curve 3pool Sees Increased Outflows Since hack

Nick Cannon·
Curve 3pool Sees Increased Outflows Since hack 21
The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight,...

Cardano Whales Steadily Accumulating $ADA Despite Price Drop

Nick Cannon·
Cardano Whales Steadily Accumulating $ADA Despite Price Drop 24
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...

Binance Labs To Invest $5 Million In Curve DAO Token CRV

NagaNaga Avan-Nomayo·
Curve
Curve DAO token (CRV) will deploy on BNB Chain as part of the deal with Binance Labs, the company’s incubation and venture capital arm. The $5 million investment follows brief concerns about the DeFi stableswap exchange after exploiters drained over $70 million from CRV and ETH pools. Recovery efforts have...