ChainCatcher news, according to Cointelegraph, when asked whether Binance would look for ways to re-enter the U.S. market or whether it would re-launch its BUSD stablecoin, Binance CEO Richard Teng stated, "Whether we will re-enter the U.S. market, I think it's a discussion that's too early.""As of now, we are focusing on our global deployment," implying that the exchange is seeking to capture more market share and is paying attention to those he believes "will start allocating funds to this space," including institutions, sovereign wealth funds, and high-net-worth individuals.Binance exited the U.S. in November 2023 as part of a $4.3 billion settlement agreement with the U.S. government.

ChainCatcher news, according to the official announcement, Binance Options will launch BNBUSDT and SOLUSDT monthly options on November 26, 2024, at 16:00 (UTC+8).Please note: BNBUSDT and SOLUSDT monthly options are European-style option contracts.

ChainCatcher news, according to CoinDesk, the blockchain interoperability project Wormhole announced that it has been selected by the stablecoin issuance platform Deep Blue as the core interoperability provider for its 1:1 USD-backed stablecoin DBUSD.It is reported that the team claims Wormhole NTT (Native Token Transfer) will reduce liquidity fragmentation by preserving the inherent properties of tokens across different chains, which will make Deep Blue's cross-border payments, remittances, and trading services more efficient.

ChainCatcher news reports that according to Shield monitoring, an address starting with 0x0722 has fallen victim to a zero transfer scam, losing 10,000 BUSD stablecoins.It is reported that in the "zero transfer phishing attack," the attacker uses an address that has the same first and last letters or numbers as the target address (with only the middle letters differing) to transfer 0 tokens to complete the "poisoning" action. Users, due to negligence or because some dApps prioritize UI aesthetics and omit parts of the address, can easily confuse the hacker's address with the address they originally intended to transfer to, resulting in assets being transferred to the hacker's address.

ChainCatcher news, according to Fortune magazine, the U.S. Securities and Exchange Commission has decided to end its investigation into New York stablecoin issuer Paxos, determining that BUSD is not a security.On July 9, Jorge Tenreiro, acting head of the crypto assets and cyber unit, stated in a letter to Fortune that he had no intention of recommending enforcement action. Over the past year, the SEC had issued a Wells notice to Paxos, which is a notification that enforcement action is forthcoming, regarding Paxos's partnership with Binance to issue the dollar-backed BUSD stablecoin.Paxos's Chief Strategy Officer Walter Hessert said in an interview, "The formal termination of this investigation is a huge relief for us. This has been our expectation all along, and it should indeed create more certainty in the market, as we see more and more large enterprises joining."

ChainCatcher news, according to Bitget's latest announcement, Bitget will launch the BGBUSDT contract trading pair on July 8, 2024, at 18:00 (UTC+8), with a maximum leverage of 50 times, and will also launch the contract strategy trading for BGB on July 8, 2024, at 18:00 (UTC+8).

ChainCatcher message, BounceBit announced a partnership with Ethena Labs, where staking BBUSD can earn sUSDe yield rewards.In addition to the native sUSDE yield, there will also be 5 times Sats/day and BB rewards.

ChainCatcher message, BounceBit posted on platform X that BBTC and BBUSD are now available for withdrawal.

ChainCatcher message, BounceBit officials stated that users can now bridge BBTC and BBUSD (Liquidity Custody Token, LCT) to the BounceBit Chain through their portal.

ChainCatcher news, according to official sources, the BSC cross-chain trading platform BiSwap has initiated a vote to no longer provide multiple BUSD-related liquidity mining rewards, with the voting scheduled to end at 12:00 UTC on March 26. The trading pairs involved include:Biswap V3: BNB-BUSD (0.08%), USDT-BUSD (0.015%), CGPT-BUSD (0.08%);Biswap V2: BNB-BUSD, IGU-BUSD, GHNY-BUSD, ALPACA-BUSD, USDT-BUSD, TMT-BUSD, BUSD-GQ.

ChainCatcher news, according to Whale Alert monitoring, around 10:36 PM Beijing time, 49,999,151 BUSD were burned by Paxos Treasury on the Ethereum blockchain, worth approximately 50,094,370 USD.

ChainCatcher message, Binance announced that the BUSD token balances of all eligible users have been converted to FDUSD tokens (1 BUSD = 1 FDUSD). Additionally, the BUSD token deposit service has been restored, and users can continue to deposit BUSD tokens, but the withdrawal service for BUSD tokens will no longer be supported.

ChainCatcher message, Binance tweeted that it will exchange Binance-Peg BUSD collateral assets for FDUSD at a 1:1 ratio later today.

ChainCatcher message, Venus Protocol posted on platform X that BUSD is now entering the final deprecation phase, therefore, the collateral factor (CF) will be reduced. To ensure a smooth transition and prevent potential liquidations, users are strongly advised to address any outstanding loans using BUSD as collateral as soon as possible, and to immediately withdraw their BUSD supply on Venus and exchange it for other stablecoins.

ChainCatcher news, the decentralized trading platform DODO announced that after Binance decided to stop supporting BUSD, DODO will stop incentivizing the USDT-BUSD trading pair starting from December 15 at 10:00 AM Beijing time, and will launch a new USDC-USDT trading pair, which will start on December 8 at 10:00 AM, consistent with previous DODO rewards.

ChainCatcher news, according to the official announcement, Binance has announced that it will stop supporting BUSD products on December 15, 2023. Binance reminds users to withdraw their BUSD holdings or convert their BUSD assets to other assets supported by the Binance platform before December 15, 2023.Users can trade their BUSD assets for FDUSD on the Binance spot market with zero fees, or exchange their BUSD assets for FDUSD at a 1:1 ratio on the swap trading platform.Starting from December 31, 2023, 11:00 AM (UTC+8), BUSD withdrawal services will be halted, and the BUSD balance in users' Binance accounts (excluding users from Japan, France, Italy, Poland, and Kazakhstan) will be automatically converted to FDUSD at a 1:1 ratio. After that, users can still deposit BUSD to Binance and manually convert their BUSD to FDUSD at a 1:1 ratio until further notice. It is expected that the collateral assets of Binance-Peg BUSD will be converted to FDUSD at a 1:1 ratio around December 2023. An announcement will be made to users when the conversion of collateral assets is fully completed.

ChainCatcher news, Binance announced that the Binance margin and futures trading platform will delist BUSD.

ChainCatcher message, Binance leverage will remove the BTC/BUSD and ETH/BUSD cross-margin and isolated-margin trading pairs on December 7, 2023, at 14:00. The isolated-margin lending services for the above trading pairs will be suspended. Binance will automatically close and liquidate the cross-margin and isolated-margin positions for the above trading pairs and cancel all user orders in the above trading pairs. Subsequently, the above trading pairs will be delisted from the leverage platform.