BUSD Reportedly Lost Peg Extra than one Instances; No Users Impacted: Binance

BUSD Reportedly Lost Peg More than one Situations; No Customers Impacted: Binance

Trade Analysis / 2 minutes of reading

BUSD Reportedly Lost Peg Multiple Times; No Users Impacted: Binance Binance’s Binance smart chain BUSD has depegged several times.The depegg resulted from a bug in Binance’s collateralization system.Binance has reported that it has addressed the issue. According to a recent report, cryptocurrency exchange Binance acknowledged on Tuesday that a bug in its system resulted in