#Binance celebrates Valentine’s day in Hong Kong! Over 500 people stopped by our #HODLMeClose truck this weekend to learn about crypto and take on challenges for free NFTs, Binance merch, and even a bear made out of roses 🌹 https://t.co/94vIZtdYtl
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The SEC is arguing that BUSD (Binance’s Stablecoin) is an unregistered security 🤦♂️ Is the SEC stupid enough to believe that people buy BUSD expecting to turn a profit? Or do they have an ulterior motive? Stay tuned for a free blog answering this question later this week! By the way, the reason the SEC is suing Paxos and not Binance is because it’s Paxos that issues/redeems BUSD on the behalf of Binance. #Crypto #BUSD #Binance #Paxos
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Lots of Binance FUD going on, stable losing peg for a bit. Most likely unwarranted, emotional driven FUD taking place.
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Today's #SafetySnapshot is our Address Book feature! Have you tried it yet..? Here's why you should: ➡️ Safely send #crypto & #NFTs to addresses you know & trust 👌 ➡️ Avoid mistakes, always transfer to the right place ✅ ➡️ Saves you time 🕒 Here's how to set it up🧵👇 https://t.co/8HZOtjI8g4
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Newer #crypto participants and investors often get the short side of the stick and some can fall victim to deceptive and overhyped projects. 👀 Here, we take a look at some of the most common ways weak or deceptive crypto projects often dupe noobs. 👇 <1/5> https://t.co/zycUfLNq4g
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#Binance will perform wallet maintenance for #BNB Beacon Chain (BEP2) starting February 14, 07:30am UTC. The maintenance is expected to last around 1-hour. More details here ⬇️ https://t.co/iRn0tLRtVV
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Getting towards that region on #Bitcoin and, for now, the end stage of this correction. Needs to hold above $20.5K. https://t.co/dF3MxtYV8M
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JUST IN: @PaxosGlobal says that existing $BUSD remain fully-backed and redeemable through at least February 2024.
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This video hits differently today than it did yesterday. Just understand we are about to see a civil war between the banks/SEC vs Crypto/House of Representatives/CFTC. $btc #bitcoin #binance https://t.co/mQWd0B7rRy
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SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
[Coindesk.com - SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ](https://www.coindesk.com/policy/2023/02/13/sec-to-sue-crypto-trust-co-paxos-over-binance-stablecoin-wsj/) TLDR: The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the USDP and BUSD tokens. Spokespeople for Paxos did not immediately return requests for comment. After Bloomberg reported that there were issues with how PBUSD's backing was displayed, Binance said on a [blog post](https://www.binance.com/en/blog/ecosystem/how-we-back-binancepeg-busd-and-explaining-historical-discrepancies-7761334533351669941) that "on occasion in the past, there was a timing mismatch in backing Binance-Peg BUSD with BUSD. **BUSD is fully backed by USD cash and cash-equivalent reserves.**
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100% up
#Binance Liquid Swap launches ARPA/USDT Liquidity Pool with $ARPA & #BNB Combo Rewards! Find out more below.
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Just a tip towards the CPI event of tomorrow; Take it slow. Don't think you'll be making a ton of money trading the event. Enough people think they can, that's why we get those massive wicks and that's why many get liquidated. Zoom out, have no leverage exposure and wait.
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