Binance will issue BFUSD, a dollar-denominated asset that will also serve as a high-yield token. Simply holding BFUSD may grant 19.55% yield.

Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.

FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...

Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...

In the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency ...

The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao ...

Bankman-Fried paid for the stock repurchase using a mix of FTX’s exchange token FTT and Binance-branded coins BNB and BUSD ...

Bankman-Fried paid for the stock repurchase using a mix of FTX’s exchange token FTT and Binance-branded coins BNB and BUSD ...

FTX is seeking to claw back almost US$1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried.

Bankman-Fried paid for the stock repurchase using a mix of FTX’s exchange token FTT and Binance-branded coins BNB and BUSD valued at $1.76 billion at the time, according to the filing.

FTX filed a lawsuit against Binance and its former chief executive Changpeng Zhao, seeking to claw back almost $1.8 billion ...