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Binance Announces Closure of Several Leveraged Token Services

Binance Announces Closure Of Leveraged Token Services

Key Takeaways Leading cryptocurrency exchange Binance has announced a significant overhaul of its services, particularly impacting leveraged tokens associated with key cryptocurrencies like Bitcoin, Ether, and BNB. Effective April 3, Binance will discontinue its support for several leveraged tokens, including…

TrueUSD Stablecoin Depegs Amid Massive Sell Off

Trueusd Stablecoin Depegs Amid Massive Sell Off

Key Takeaways Amidst a backdrop of regulatory uncertainties, TrueUSD (TUSD), a stablecoin associated with blockchain entrepreneur Justin Sun, has experienced a drop below its $1 peg. Reports suggest that holders are opting to cash out hundreds of millions of dollars’…