BNB-Bitcoin Ratio Drops to Lowest Level in Six Months On Paxos-BUSD Drama
The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token. Original Source
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PaxosBUSD
Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves. Source
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