CryptoSlate

Share this post

Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

cryptoslate.substack.com

Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

The recent collapse of crypto-friendly banks has made Binance convert its $1 billion industry recovery fund to Bitcoin and other assets.

Mar 13
15
1
Share this post

Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

cryptoslate.substack.com

Happy Monday

The global crypto market cap is $1.07 trillion with a 24-hour volume of $110.7 billion. The price of Bitcoin is $24,138.95 and BTC market dominance is 43.5%. The price of Ethereum is $1,672.45 and ETH market dominance is 19.1%. The best performing cryptoasset sector is PoW, which gained 2,013%.

Latest News

Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

The recent collapse of crypto-friendly banks has made Binance convert its $1 billion industry recovery fund to Bitcoin and other assets.

1 min read →

Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive

Helium claimed that its internet of things would provide a wide variety of use cases and utility that would improve people's daily lives but has not made any progress years later.

2 min read→

Fifth week of losses in crypto investment products sees $255M withdrawals

This marked the largest weekly outflow, which represents 1% of the market, while Bitcoin-based products saw $224 million in outflows.

2 min read →

Market rally pumps bankrupt crypto firm holdings

Bankrupt crypto exchange FTX's crypto portfolio rose by roughly $63 million, according to Arkham Intelligence dashboard.

2 min read →

BitMEX halts all activities for a short time temporarily

The exchange said it identified an issue and halted all activities except cancel options for a short while

1 min read →

Coinbase lost $240M in Signature Bank closure

Paxos and Celsius also lost money in the shut down, however, the companies expect the recover the lost funds soon with the help of the FDIC.

2 min read →

Here’s why Pokemon’s web3 and metaverse plans face fan backlash

New job listing hints at exciting Pokémon metaverse experience: But will fans approve?

2 min read →

TUSD’s supply crosses $2B amid banking woes for stablecoin rivals

TrueUSD (TUSD) holds $852.27 million at the embattled Signature Bank, according to its real-time reserves data.

2 min read →

CryptoSlate Daily wMarket Update: Crypto market cap regains $1T as Feds measures spark green run

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

2 min read →

Op-ed: TradFi failing is NOT a crypto problem. Blockchain fixes this.

Now is not the time to be fearful in crypto

4 min read →

Euler Finance EUL crashes 48% following $197M hack

Euler Finance confirmed that it was aware of the attack. Its native EUL token has dumped roughly 48% following the news.

1 min read →

Circle says USDC operations unaffected by SVB, Signature closures

Circle said that the $3.3 billion of USDC reserve deposits held at Silicon Valley Bank will be fully available on Monday.

1 min read →

Money printer go brrr sparking crypto market recovery

Crypto market cap surges after Fed introduces emergency measures, with expectations of triggering the bull market.

2 min read →

1
Share this post

Binance converts $1B BUSD to Bitcoin, Ethereum, BNB

cryptoslate.substack.com
Previous
Next
1 Comment
abwlfdl
Writes abwlfdl’s Substack
Mar 22

Hello.ok

Expand full comment
Reply
TopNewCommunity

No posts

Ready for more?

© 2023 Zenzio Incorporated
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing