Market Cap: $2,166,381,038,390
24h Vol: $62,543,402,266
Cryptocurrencies: 29369
Markets: 112829
Cryptocurrencies: 29369
Markets: 112829
Market Cap: $2,166,381,038,390     
24h Vol: $62,543,402,266
Coin Edition 2023-01-11 08:58:00

BUSD Reportedly Lost Peg Multiple Times; No Users Impacted: Binance

BUSD Reportedly Lost Peg Multiple Times; No Users Impacted: Binance
According to a recent report, cryptocurrency exchange Binance acknowledged on Tuesday that a bug in its system resulted in at least $1 billion in under-collateralization of BUSD, one of the company’s stablecoins reportedly backed one-to-one by the U.S. dollar. The report citied analysis by Jonathan Reiter of blockchain analytics firm ChainArgos, stating that BUSD slipped The post BUSD Reportedly Lost Peg Multiple Times; No Users Impacted: Binance appeared first on Coin Edition .
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