#Duckett 28 and Salt 25 Off-spinner Mehedi Hasan #takes 4-12 in four overs

Circle said that while $3.3 #billion in #USDC cash reserves are held at SVB,

#Monday, the stablecoin issuer noted, “#USDC will remain redeemable 1-for-1 with the U.S. dollar.”

the  #stablecoin’s liquidity operations will resume #normally on Monday morning in the United States. #Circle said that the company’s teams would be ready on Monday to

#Picken played 198 games for the club but ultimately retired in 2019 due to ongoing #concussion symptoms.

Caro’s tells Clarko to ‘grow up’ as North coach called out over ‘#ridiculous’ clash with #TV journo

‘That #wrecked me, I was flat’: Ex-AFL star #exposes leak that led to viral video

‘Get f***ed’: #AFL great reveals wild #new details over sacking... and lifts lift on #THAT viral moment

At the time of #writing, USDC had lost over 10% of its value as it traded at $0.8774. #According to Dante Disparte the #resultant sell-off caused the price of the #stablecoin to fall below its $1 peg.

This is a normal risk-management #procedural step to take while we monitor the #situation,” the firm added.#specifically related to high inflows & the #increasing burden to support the conversion.

“During periods of #heightened activity, conversions rely on USD transfers from the banks that clear during #normal banking hours.

was shut down by #California’s financial watchdog — making it the first Federal #Deposit Insurance Corporation-insured bank to fail in 2023.

In a statement to #Cointelegraph, a Circle spokesperson also stressed that SVB is “one of six banking partners Circle uses for managing #approximately 25% of USDC reserves held in cash.

to #things that don’t align with your goals, following your energy, #practicing positive thinking, and staying mindful.It’s #important to remember that change takes time and effort, so don’t expect to see #immediate results. 

#grounded by fully engaging in the present moment.#Mindfulness helps you bring all your energy and focus into the present moment to accomplish 

in the current #moment without judgment or distraction. It’s about being aware of your thoughts, #feelings, and surroundings and 

#noticing what’s happening without reacting. It can make you more aware of how you affect others by creating #emotional intelligence through awareness.AAAAGGGGAAA

#Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on its token issuer and a planned delisting from a major #crypto exchange

#BUSD’s marketcap has been on a steep downward trajectory since its all-time high (ATH) #market cap of $23.49 billion on Nov. 15, just a few days after the shock collapse of FTX

As of today, the #stablecoin’s #marketcap has fallen to $9.66 billion — levels not seen since Jun. 29, 2021

Most recently, #BUSD has been the subject of a potential lawsuit against Paxos by the United States Securities Exchange Commission (SEC) on Feb. 12 over a possible violation of #investor protection laws. Since then SEC, $6.65 billion has been shaved off BUSD’s market cap

Paxos was also ordered by the New York District of Financial Services (NYDFS) to stop minting and issuing BUSD on Feb. 12 too, which is likely to have contributed to the #stablecoin’s #market cap fall

Earlier this week, #cryptocurrency exchange #Coinbase announced it will be delisting BUSD from its exchange on Mar. 13 because the stablecoin “no longer met our listing standards,” a Coinbase spokesman told Cointelegraph

The wider #crypto market has also seen a fall in #market cap, with many pointing to the recent controversy surrounding Silvergate Bank with the late filing of its annual 10-K financial report on Mar. 1

Upon its launch in September 2019, the #Binance-branded stablecoin quickly surged to become the third largest #stablecoin behind Tether (USDT) and USD Coin (USDC)

The stablecoin is currently in 10th position in terms of #market cap across all #cryptocurrencies. The next crypto token on the list is Solana (SOL) with $7.98 billion in market cap

Interestingly, #Binance CEO Changpeng ‘CZ’ Zhao stated in a Feb. 14 Twitter Spaces that he never thought very highly of the Binance #stablecoin project, adding that he thought it “may fail” when it first rolled out

To account for the fall in demand for BUSD, #Binance recently minted nearly $50 million worth of TrueUSD (TUSD) as the #cryptocurrency exchange looks to diversify its stablecoin holdings

Celsius Custody #customers finally begin #withdrawals 263 days after freeze

Celsius users with funds held in its custody #program have finally begun to #withdraw funds, but users report delays due to a backlog of requests

Some Celsius customers have reported being able to #withdraw funds from the bankrupt #crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing

According to numerous social #media posts, as of Mar. 2, certain #customers who held funds in Celsius’ Custody accounts have been overjoyed that they were finally able to #withdraw their funds from the lender

#Customers report they received an email a few weeks ago listing those who were eligible to remove their funds, before receiving another on Mar. 2 noting #withdrawals could be processed