Wednesday, July 2, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes

February 27, 2023
in Crypto Updates
Reading Time: 1 min read
A A
0

[ad_1]

Based on the report, Binance transferred the collateral to hedge funds together with Alameda and Cumberland/DRW and did so with out informing its prospects. Based on blockchain information from Aug. 17 to early December examined by Forbes, a interval which encompassed the collapse of fellow crypto change FTX, holders of greater than $1 billion of crypto for B-peg USDC tokens had no collateral for devices that Binance mentioned could be absolutely backed by the token they had been pegged to. B-peg USDC are digital replicas of dollar-pegged stablecoin USDC.

[ad_2]

Source link

Tags: 1.8BBinanceCollateralForbesFundsHedgeMovedStablecoinYear
Previous Post

Bottom Signal? Bitcoin, Ethereum Profitability Hit Three-Month Lows

Next Post

The Current State of Layer 2 Bridges

Next Post
The Current State of Layer 2 Bridges

The Current State of Layer 2 Bridges

Coinbase (COIN) Will Halt BUSD Trading, Here’s When

Coinbase (COIN) Will Halt BUSD Trading, Here's When

NFTs and Intellectual Property

NFTs and Intellectual Property

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.