Chiliz Multisig Wallet Deposited 25 Million CHZ to Binance 17 Hours Ago
According to Lookonchain monitoring, the Chiliz multi-signature wallet deposited 25 million CHZ (1.53 million USD) into Binance 17 hours ago. Wintermute Trading also deposited 28 million CHZ (1.71 million USD) into Binance 10 hours ago.
Binance Considers Fully Exiting the Russian Market
Binance is reevaluating its business in Russia, including the possibility of completely exiting this once important market. A spokesperson told The Wall Street Journal, "All options are on the table, including a complete exit."
Last week, The Wall Street Journal reported that Binance was helping Russians transfer funds abroad - despite the company stating last year that it had stopped doing business in Russia, was complying with Western sanctions demands, and restricting its trading on Russian platforms. Binance later took action to restrict peer-to-peer transactions involving sanctioned Russian banks.
Binance's Poland Entity to Provide Services to Belgian Residents Following FSMA Order
Following an order from the Belgian Financial Services and Markets Authority (FSMA), Binance has announced that its Polish entity will offer services to Belgian residents. Binance Poland sp. z o.o., which was registered with Polish regulatory authorities in January, will comply with regulatory obligations for Belgian residents seeking services on the exchange. Some users may need to submit documentation in accordance with Know Your Customer requirements for Poland rather than Belgium. This announcement comes after Belgium's financial regulator ordered Binance to stop offering crypto exchange and custody wallet services due to violations of the country's Anti-Money Laundering and Combating the Financing of Terrorism requirements. <br>
Binance will open a unified account plan for VIP1-9 users
Odaily Planet Daily News Binance announced that starting from August 30, 2023 at 17:00 (UTC+8), the Unified Account Plan will be open to VIP 1-9 users.
This plan helps users enjoy more flexibility in their trading strategies, allowing them to use a variety of supported assets as collateral in U-based contracts, coin-based contracts, and full-position leverage wallets. Previously, this project was only available to VIP 4-9 users and users who met the VIP 4-9 trading volume requirements in U-based and coin-based contracts.
Ceffu Launches OTC Settlement Solution MirrorX for Binance Institutional Users
Binance's cryptocurrency custodian and partner Ceffu (formerly Binance Custody) have launched an off-exchange settlement solution called MirrorX. Institutional investors can use this solution to trade spot, margin, and contract without transferring assets to Binance.Digital assets used with MirrorX are always independently held by Ceffu and automatically settled off-chain, helping institutions maximize capital efficiency and reduce counterparty risk.
Binance Will Support BNB Smart Chain Network Upgrade and Hard Fork
According to an official announcement, Binance will support the BNB smart chain (BEP20) network upgrade and hard fork.
Russian users can now use Sberbank and Tinkoff cards for P2P transactions on Binance
Russian media revealed in their investigation into potential violations of sanctions in the United States that Binance has replaced the names of bank cards issued by Russian banks with "colors". These changes involve the ruble exchange function on Binance's peer-to-peer platform. Russian traders on Binance offer "green" and "yellow" cards as payment options, and Binance has changed the names of the bank cards from two Russian banks, Sberbank and Tinkoff, on its platform. This change was made on Binance's P2P platform, and Russian users can now choose between "green local card" (according to these websites, Sberbank's card) and "yellow local card" (for Tinkoff card) in the payment options menu.
Yazan: 16 trillion PEPE flowing out of the PEPE multi-signature wallet has flowed to various exchanges
Cryptocurrency commentator Yazan claimed on social media X (formerly Twitter) that Binance, OKX, Kucoin, and Bybit have received 16 trillion PEPE coins from the multi-signature wallet of PEPE at address 0xa34B091932D9c9ffcFF254c9Aa1B4210C81F2EA0. Among them, 6.7 trillion PEPE coins were transferred to Binance, 8.5 trillion PEPE coins to OKX, 445 billion PEPE coins to ByBit, and 400 billion PEPE coins to Kucoin. Yazan claimed that these PEPE coins were originally intended to provide funds for listing on exchanges, rather than being dumped on the free market.
Mastercard terminates card pilot programs with Binance in multiple countries
Binance is reducing its card partnerships, as Mastercard terminates its collaboration and the crypto exchange temporarily halts new applications for its Visa-supported European card. The card pilot programs with Mastercard in Argentina, Brazil, Colombia, and Bahrain will end on September 22, affecting only a small portion of users. Binance's co-branded card with Visa has also paused new applications for the EEA since July, but existing cardholders can continue to use and reorder their cards. <br>
Binance Stops Peer-to-Peer Payment Option Through Sanctioned Russian Bank
Following the Wall Street Journal's report that Binance assisted Russian people in transferring funds overseas, the cryptocurrency giant has stopped offering options for customers to make peer-to-peer payments through sanctioned Russian banks. Binance's peer-to-peer service website no longer lists the five sanctioned Russian banks as a method for users to transfer rubles between each other. A Binance spokesperson said that when someone points out a problem, they will solve and remedy it as soon as possible. <br>
Binance will support Decred (DCR) and MultiversX (EGLD) network upgrades and hard forks
Binance announced that it will support the network upgrade and hard fork of Decred (DCR) and MultiversX (EGLD). The specific arrangements are as follows: Binance is expected to suspend DCR token deposit and withdrawal services at 22:00 on August 29, 2023, Beijing time, to support the network upgrade and hard fork of Decred (DCR) at Decred block height 794,368. Binance is expected to suspend EGLD token deposit and withdrawal services at 22:45 on August 30, 2023, Beijing time, to support the network upgrade of MultiversX (EGLD) at MultiversX epoch 1,126 (expected to be at 23:45 on August 30, 2023, Beijing time).
A whale transferred all assets worth $2.51 million in the address to Binance 1 hour ago
Data analyst Yu Jin reported that a small whale transferred assets worth $2.51 million, including 934,000 ARB, 172,000 UNI, and 514,000 LDO, to Binance one hour ago. If sold, it could result in a loss of $460,000.
Data: A Giant Whale Transferred 3.6 Million SAND to Binance 16 Hours Ago, About $1.16 Million
August 25th, Spot On Chain monitoring reported that a certain whale address "0x53e" (possibly a SAND investor) transferred 3.6 million SAND to Binance 16 hours ago, worth about 1.16 million US dollars. It is understood that this whale has already transferred 34 million SAND to the trading platform, accounting for 90% of its holdings, and still holds 3.6 million SAND.
Binance VIP and Demand Loan Platforms Add SEI, CYBER and Other Borrowable Assets
According to an official announcement, Binance's lending platform for current borrowings has added SEI and CYBER as available assets. Binance's VIP platform for borrowings has added SEI, CYBER, WAXP, LTO, and STPT as available assets.
Binance Will Support Network Upgrades and Hard Forks of Decred (DCR) and MultiversX (EGLD)
August 25th, according to an official announcement, Binance will support the network upgrade and hard fork of Decred (DCR) and MultiversX (EGLD), with the following specific arrangements:
Binance is expected to temporarily suspend DCR token deposit and withdrawal services at 22:00 on August 29th, 2023 to support the network upgrade and hard fork of Decred (DCR) at Decred block height 794,368.
CMS Holdings Withdrew 354,579 DYDX From Binance 9 Hours Ago
Lookonchain monitoring shows that CMS Holdings withdrew 354,579 DYDX tokens from Binance 9 hours ago. Since July 21st, CMS Holdings has withdrawn a total of 1.64 million DYDX tokens from Bitget and Binance.
DEA Loses $55,000 in Seized Tether to Scammer in Address Poisoning Attack
The United States Drug Enforcement Administration (DEA) lost $55,000 in seized Tether earlier this year due to a scammer's "address poisoning" tactic. The DEA had seized over $500,000 worth of USDT from two Binance accounts suspected of laundering drug money.
Mastercard and Binance to End Crypto Card Programs in Four Countries
Mastercard and Binance will be discontinuing their four crypto card programs in Argentina, Brazil, Colombia, and Bahrain from September 22. The decision will not affect any other crypto card programs offered by Mastercard. The Binance cards allowed users to make payments in traditional currencies using their cryptocurrency holdings on the exchange. <br>
Binance will update the BTC zero-fee transaction activity on September 7
Binance has announced that it will update its zero fee BTC trading promotion on September 7, 2023 at 08:00 (GMT+8). The new fee structure for BTC/TUSD spot and margin trading pairs is as follows: Taker fees for BTC/TUSD spot and margin trading pairs will be charged based on the user's corresponding VIP level fee rate. However, users can still enjoy zero maker fees for BTC/TUSD spot and margin trading pairs through the TUSD zero maker fee promotion. Starting from September 7, 2023 at 08:00 (GMT+8), the trading volume of BTC/TUSD spot and margin trading pairs will be included in the VIP level calculation and all liquidity provider program statistics. In addition, BNB discounts, referral rebates, and any other fee adjustments will be restored for BTC/TUSD spot and margin trading pairs.
Binance Italy accumulates 385 million euros in cryptocurrencies in a few months
Binance Italy has accumulated €385 million in cryptocurrency over the course of several months. Since its opening in September 2022, it has recorded a trading volume of about €2.4 billion, with revenue exceeding €3 million and marketing expenses of €2.9 million.
