The Token of the Celestia Project of the Same Name on BNB Chain Suffered a RugPull and Fell Nearly 100% in a Short Period of Time
On October 20th, according to PeckShield's monitoring, the token TIA of the Celestia project on BNB Chain experienced a Rug Pull, causing a short-term drop of nearly 100%. The address 0xc8B9...4FfC exchanged 1,000,000,000,000,000 TIA tokens for 763.8 BNB, equivalent to $162,837.
Binance Liquidity Mining Will Remove BTC/BUSD, ETH/BUSD and Other Liquidity Pools
According to an official announcement on October 20th, Binance liquidity mining will remove the following liquidity pools on October 27th, 2023 at 12:00 (GMT+8):
ADA/BUSD, BNB/BUSD, BTC/BUSD, BUSD/DAI, BUSD/USDT, DOGE/BUSD, ETH/BUSD, FIL/BUSD, GMT/BUSD, HOOK/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, POND/BUSD, SHIB/BUSD, SOL/BUSD, UNI/BUSD
If users still hold positions in the above liquidity pools, the system will automatically return the assets to their spot wallet on October 27th, 2023 at 12:00 (GMT+8).
Binance Will List BSV 1–50 Times U-based Perpetual Contract
According to an official announcement on October 20th, Binance will launch BSV 1-50x U perpetual contract on October 20th, 2023 at 20:30 (GMT+8).
When BSVUSDT perpetual contract is launched, its funding rate upper and lower limits will be +2.00%/-2.00%; funding fees will be settled every four hours.
Binance Labs Transferred 96.67 Million HOPR to Gateio and 7.5 Million GTM to Binance
According to Lookonchain monitoring on October 20th, Binance Labs (marked by Nansen) transferred 96.67 million HOPR tokens (worth $3.7 million) to Gateio 9 hours ago, and transferred 7.5 million GTM tokens (worth $1.05 million) to Binance.
New Whale 0xd91 Accumulated 6 Million WLD From Binance and OKX
According to Spot On Chain monitoring, the new whale 0xd91 accumulated 6 million WLD (8.81 million USD) with an average price of 1.468 USD from Binance and OKX about 14 hours ago. Amber Group accumulated 500,000 WLD (727,000 USD) with an average price of 1.453 USD from Gate about 19 hours ago. GSR Markets deposited 550,000 WLD (801,000 USD) with an average price of 1.457 USD to Binance and Bybit about 7 hours ago.
Binance Onboards New Fiat Service Providers for Euro Payments
Binance has announced new fiat service providers for euro payments, deposits and withdrawals in Europe. The company has signed agreements with regulated and authorized partners to provide services including EUR deposits and withdrawals via the Single Euro Payments Area (SEPA) network, EUR spot trading pairs and buying and selling digital assets via SEPA, bank cards or fiat balances. This announcement follows the halt of euro services by Paysafe, Binance's former service provider, in September. The new service providers were not named in the announcement and Binance spokespersons have not yet commented.
Binance Announces Euro Payments, Deposits and Withdrawals Agreement with New Euro Fiat Partner
According to a blog post from the official website, Binance is introducing new fiat currency partners to provide euro services to European users. Binance has signed euro payment, deposit, and withdrawal agreements with the new fiat currency partners. Users have already started migrating to these new services. The announcement states that these fiat currency partners provide users with fiat services including: euro deposits and withdrawals through open banking and SEPA/SEPA Instant; buying and selling cryptocurrencies through SEPA/SEPA Instant; buying and selling cryptocurrencies with bank cards; buying and selling cryptocurrencies with legal balance; and euro spot currency pairs suitable for all users.
Kaiko: Turkish lira accounts for 81% of Binance fiat trading
According to data analysis company Kaiko, the Turkish lira has become the most popular fiat currency trading pair on Binance, accounting for 81% of the exchange's fiat trades, up from just 8% in 2021. As the euro and pound decline, the Brazilian real is also becoming more popular.
GSR Transferred a Total of More Than 12.2 Million HFT to Binance and Wintermute
Scopescan monitoring shows that 16 hours ago, GSR transferred 6,000,000 HFT coins (worth $1.45 million) to Binance, and transferred 6,221,999 HFT coins (worth $1.5 million) to Wintermute.
Binance Cross Margin and Isolated Margin Add ARK, OMG Assets and More Trading Pairs
October 19th, according to an official announcement, Binance added ARK and OMG assets for both full and isolated margin trading, as well as more full and isolated margin trading pairs, including:
Full margin trading pairs added: ALPHA/USDT, ARK/USDT, HIFI/USDT, LOOM/USDT, OMG/USDT, STRAX/USDT.
Isolated margin trading pairs added: ARK/USDT, LOOM/USDT, OMG/USDT.
Binance’s euro trading volume falls to three-year low
In October 2023, Binance's weekly spot trading volume priced in euros decreased by 88% to $160 million, compared to the record of $1.3 billion in March 2023. The decline in trading volume is related to Binance's previous exit from multiple European countries. However, although Binance has reduced its European business scale, it has already operated in multiple countries such as Spain, Italy, and France.
Binance France managing director and legal head has resigned
On October 19th, according to Bloomberg, Stéphanie Cabossioras resigned from her position as Director General of Binance's French division, a cryptocurrency trading platform. It is reported that Stéphanie Cabossioras joined Binance in April of last year as the legal director for the region and also served as the company's general manager in the country. Prior to this, she served as Deputy General Counsel for the French market regulator, Autorité des Marchés Financiers, and joined Binance when the company announced its establishment of a European center in Paris last year.
2 investor wallets deposit all 6.54 million STG into Binance
According to Lookonchain data, 6.22 million STG (2.47 million USD) were unlocked 13 hours ago. 50 minutes ago, 2 investor wallets (possibly belonging to the same person) deposited all 6.54 million STG (2.6 million USD) into Binance.
Binance will terminate redemption services and delist ADAUP and ADADOWN leveraged tokens
On October 18th, Binance will terminate the redemption service and delist the ADAUP and ADADOWN leveraged tokens on November 01 at 14:00.
If users still hold the above-mentioned leveraged tokens when they are delisted, Binance will exchange them for an equivalent amount of USDT based on the net asset value (NAV) of the leveraged tokens at the time of the delisting, and distribute the USDT to users' accounts within 24 hours. After the distribution is completed, the ADAUP and ADADOWN leveraged token assets will be removed from the wallet.
Binance FZE: Dubai operation has around 600 employees, with custody and operations separate from other global operations
Alex Chehade, the business leader of Binance FZE, a subsidiary of Binance in Dubai, said that the advanced regulatory framework in the Middle East is the main attraction for startups and mature industry participants: the outstanding feature of the Middle East is the certainty and clarity of regulation. We have a regulatory agency VARA specifically for virtual assets in Dubai. We have ADGM and its virtual asset framework, and we have the Central Bank of Bahrain accepting cryptocurrencies.
Chehade stated that Binance currently has about 600 employees in its operations department in Dubai and will continue to play a role in promoting the industry. He added that as a regulated exchange, Binance FZE has been operating in Dubai for a year and a half and is separated from other global businesses through strict custody and operations.
Binance will remove multiple spot trading pairs including IOTA/BUSD, EOS/BNB on October 20
According to an official announcement, Binance will remove the following spot trading pairs and stop trading:
- October 20, 2023, 13:00 (GMT+8): ADX/BUSD, AMP/BUSD, AR/BUSD, BADGER/BUSD, BURGER/BUSD, CELR/BUSD, CHESS/BUSD, COTI/BUSD, DEXE/BUSD, ELF/BUSD, ENJ/EUR, EOS/BNB, HARD/BUSD, IDEX/BNB, ILV/BUSD
- October 20, 2023, 15:00 (GMT+8): IOTA/BUSD, JOE/BUSD, KNC/BUSD, MBOX/BUSD, MINA/BUSD, MOVR/BUSD, QI/BUSD, QNT/BUSD, SNX/BUSD, SYS/BUSD, THETA/BNB, TKO/BUSD, VOXEL/BUSD, ZEC/BUSD
Note:
- Delisting a spot trading pair will not affect users' ability to trade its corresponding token(s) on the Binance spot platform. Users can still trade the base and quote assets of the delisted spot trading pair on other trading pairs provided by Binance.
- Binance will remove trading bot services (if applicable) from the above spot trading pairs respectively at 13:00 and 15:00 (GMT+8) on October 20, 2023. It is strongly recommended that users close and/or cancel relevant spot trading bots before the trading bot services stop to avoid any potential losses.
- The platform reminds users that they can convert their BUSD assets to other available assets supported by Binance before February 2024.
- Users can trade their BUSD assets for FDUSD at zero fees on the Binance spot market, or exchange their BUSD assets for FDUSD at a 1:1 ratio on the flash exchange trading platform.
Binance: Wallet Maintenance Will Be Carried Out on Tron Network in the Coming Hours
According to official sources, Binance will be conducting wallet maintenance on the Tron network in the next few hours. During this period, users may notice some large transactions on the platform's TRX hot wallet. Please rest assured that user funds are safe.
Binance Will List ATOM/FDUSD, AVAX/FDUSD and Other Trading Pairs on October 19
According to the official announcement, Binance will launch trading pairs for ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD on October 19, 2023 at 16:00 (GMT+8).
In addition, Binance will open spot grid and spot DCA (dollar-cost averaging) trading robot services for NTRN/USDT and PENDLE/USDT trading pairs on October 19, 2023 at 16:00 (GMT+8).
Binance Will Remove Some Margin Trading Pairs Such As AUCTION/BUSD and ALGO/BUSD
October 18th, Binance Leveraged Tokens will remove AUCTION/BUSD, ALGO/BUSD, APT/BUSD, ATOM/BUSD, AXS/BUSD, COMP/BUSD, CRV/BUSD, DODO/BUSD, DYDX/BUSD, EGLD/BUSD, ETC/BUSD, EOS/BUSD, FLOW/BUSD, FTM/BUSD, GLMR/BUSD, GMT/BUSD, HBAR/BUSD, KEY/BUSD, LDO/BUSD, LEVER/BUSD, LINA/BUSD, MAGIC/BUSD, MANA/BUSD, MASK/BUSD, NEAR/BUSD, ONE/BUSD, RNDR/BUSD, TRX/BUSD, UNI/BUSD, and VET/BUSD full position and isolated position trading pairs on October 26th, 2023 at 14:00 (GMT+8).
Binance Will List STPT and WAXP 1–50x U-standard Perpetual Contracts
According to the official announcement on October 18th, Binance will launch STPT 1-50x U perpetual contract on October 18th, 2023 at 22:30 (GMT+8), and WAXP 1-50x U perpetual contract on October 18th, 2023 at 22:45 (GMT+8).
