bitcoin

A Binance Stablecoin Wasn't Always Fully Backed: Bloomberg

lpop4254

Nice of Bloomberg to finally catch up with last week's news, and then for CoinDesk to share Bloomberg's reporting.

*The Binance Scam Chain*
https://stacker.news/items/118625
https://dirtybubblemedia.substack.com/p/the-binance-scam-chain

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The Bloomberg article:

https://www.bloomberg.com/news/articles/2023-01-10/binance-bnb-acknowledges-past-flaws-in-managing-busd-peg-stablecoin-reserves [[Archive](https://archive.is/H6oOz)]

An archive of the CoinDesk article is [here](https://archive.is/oI2tn).  An archive has no paywall, no subscription requirement, and can be easier to read.