Binance


Videos

Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens

Crypto exchange Binance said it would convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market. "The Hash" panel discusses the transaction from Binance’s industry fund to BUSD, which Binance CEO Changpeng Zhao said on Twitter took 5 seconds and cost only $1.29.

Recent Videos

Finance

Coinbase Officially Suspends Binance USD Stablecoin Trading

Coinbase CEO Brian Armstrong previously said the decision was made due to liquidity concerns.

Coinbase CEO Brian Armstrong (CoinDesk)

Markets

Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB and Other Tokens

Binance tapped into its Industry Recovery Initiative funds to cover the move.

(Danny Nelson/CoinDesk)

Opinion

How U.S. Judges Might Save Crypto From the SEC

Separation-of-powers offers hope to an industry under attack from unchecked executive power, says Michael Casey, CoinDesk's chief content officer.

(Rachel Sun/CoinDesk)

Policy

U.S. Justice Dept. Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.

Department of Justice (Shutterstock)

Markets

Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash

The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.

(DALL-E/CoinDesk)

Finance

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.

(CoinDesk)

Videos

Bitcoin Pulling Back Amid Issues at Crypto-Friendly Silvergate Bank

Bitcoin's annualized three-month basis, or the difference between futures and spot market prices, on offshore exchanges like Binance, OKX and Deribit, compared to the U.S.-regulated Chicago Mercantile Exchange (CME), show that the premium on the CME has dropped sharply to 2.2% over the past week. "All About Bitcoin" host Christine Lee breaks down the "Chart of the Day."

Recent Videos

Markets

Binance Extends Market Share for Fourth Consecutive Month

The exchange continues to dominate, despite facing increased regulatory scrutiny, a report by CryptoCompare shows.

(Danny Nelson/CoinDesk)