Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks
Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields. Go to Source
UST collapse
Auto Added by WPeMatico
Terraform Labs bankruptcy reorganization hearing set for September
The court’s decision will determine if the company can restructure or must liquidate. Go to Source
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market capitalization has swelled to $546 billion. Global Cryptocurrency … Read more
