Auto Added by WPeMatico

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out…

Continue ReadingBUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing

Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance.

Continue ReadingSushi and Synthetix get the boot in Grayscale DeFi fund rebalancing