Binance will remove 8 BUSD trading pairs including CKB/BUSD and ZEN/BUSD on August 18
According to an official announcement, Binance will remove and stop trading the following spot trading pairs at 11:00 on August 18, 2023 (UTC+8): CKB/BUSD, FARM/BUSD, ORN/BUSD, REN/BUSD, SKL/BUSD, UFT/BUSD, ZEN/BUSD, and ZRX/BUSD.
Note:
- Users can still trade the above-mentioned coins in other trading pairs available on the Binance platform.
- Binance will terminate the trading bot service for the above spot trading pairs, where applicable, at 11:00 on August 18, 2023 (UTC+8). It is strongly recommended that users update and/or cancel their trading bots before the above-mentioned trading bot service is stopped to avoid any potential losses.
SEI’s 24-Hour Turnover on Upbit Exceeded $400 Million, Accounting for 25.69% of the Platform’s Total Turnover
According to Coingecko data on August 16th, the SEI/KRW trading pair on Upbit had a trading volume of over 400 million US dollars in 24 hours, which is nearly four times the trading volume of the BTC/KRW trading pair (121 million US dollars) and accounts for 25.69% of the platform's total trading volume in 24 hours, making it the most active trading pair on the platform.
SEI Breaks $0.5 on Korean Crypto Exchange, Roughly Double Its Price on Binance
On August 16th, CoinGecko data shows significant price differences for Sei (SEI) on multiple cryptocurrency exchanges. The highest prices are on the Korean exchanges Upbit and Bithumb, which are approximately $0.54 and $0.5 respectively. The prices on Bitfinex, Coinbase, and Kraken are about $0.44, $0.42, and $0.4 respectively. The price on Binance is approximately $0.23.
0x74c Deposited a Total of 60 Million USDC To Circle in the Past 7 Days
Lookonchain monitoring shows that 0x74c...441 deposited a total of 60 million USDC into Circle in the past 7 days. Among them, 47.4 million USDC was withdrawn from Binance.
Binance Margin Will Delist EPX/BUSD, GAL/BUSD, GMX/BUSD and Other Cross-Margin and Isolated Margin Trading Pairs
According to an official announcement on August 16th, Binance leverage will remove EPX/BUSD, GAL/BUSD, GMX/BUSD, HIVE/BUSD, KLAY/BUSD, RAD/BUSD, TVK/BUSD full-position leverage and isolated margin trading pairs on August 24th, 2023 at 14:00 (GMT+8).
Certus One Transferred 980,000 LDOs to Binance, and All 10 Million LDOs It Held Were Sold
As monitored by blockchain analyst Yu Jin, 7 hours ago Certus One transferred 980,000 LDO (worth 1.72 million US dollars) to Binance.
So far, all of Certus One's 10 million LDO have been transferred to Binance within 32 days (from July 14th to August 16th). The possible average selling price is $2.03.
Binance Connect will shut down on August 16
Cointelegraph has confirmed via an email from a Binance spokesperson that Binance Connect, the regulated cryptocurrency trading and selling department of Binance, will be closed on August 16. On the same day, decentralized BNB Chain exchange Biswap tweeted that Binance "made a difficult decision to disable Binance Connect on August 15 due to the closure of the supported card payment service by its provider." <br>
Binance Instant Exchange Trading Platform Launches New Assets of SEI and CYBER
Binance announced that SEI and CYBER have been added to the Binance Instant Exchange platform. Users can now trade SEI and CYBER with BTC, USDT, and other tokens supported by the Instant Exchange platform at zero cost.
Binance Will Delist SNM/BUSD, SRM/BUSD, YFII/USDT and Other Spot Trading Pairs
On August 15th, according to official sources, Binance will delist and cease trading for SNM/BTC, SNM/BUSD, SRM/BUSD, and YFII/USDT spot trading pairs at 11:00 on August 22nd Beijing time. Trading robot services (if applicable) for the aforementioned spot trading pairs will also be terminated simultaneously.
Binance C2C Platform Adds Support for FDUSD
On August 15th, according to an official announcement, Binance's C2C platform now supports FDUSD. Users can purchase and sell FDUSD through any corresponding fiat trading pair on Binance's C2C platform.
Binance Applies for Court Protection Order in SEC's 'Forensic Phishing' Investigation
Binance has obtained a court order to protect itself from the investigation application by the US Securities and Exchange Commission (SEC).Binance stated that it filed a motion for a protective order after receiving a subpoena and request for evidence from the SEC. Binance claims to have always cooperated with integrity, but the SEC is attempting to investigate its asset custody business without limitations.
34.28 Million SAND Distributed to 11 Addresses Within 2 Hours as Part of Token Unlocking
According to Spot On Chain monitoring, 34.28 million SAND tokens (worth $13.5 million) were distributed to 11 addresses within 2 hours as part of the token unlocking process. 5.77 million SAND tokens (worth $2.81 million) were deposited into Binance and Kraken through 4 addresses, while 1.38 million SAND tokens were sold on DEX at an average price of $0.378 per token for a total of 522,000 USDC.
Binance Adds BNT, FRONT, OXT, RPL on Cross Margin and New FRONT Isolated Margin Pair
Binance has added BNT, FRONT, OXT and RPL as new borrowable assets on Cross Margin, as well as a new margin pair on Isolated Margin.
Binance Will Delist BETA/BNB, BTTC/BUSD, CELR/BNB and Other Spot Trading Pairs
According to an official announcement, Binance will remove the following spot trading pairs and cease trading:
- August 17th 11:00 (GMT+8): BETA/BNB, BTTC/BUSD, CELR/BNB, CHZ/GBP, CTK/BUSD, DENT/BUSD.
- August 17th 14:00 (GMT+8): ENJ/BRL, GAL/EUR, JST/BUSD, MANA/BRL, NEO/RUB, NKN/BUSD.
- August 17th 16:00 (GMT+8): RUNE/GBP, SAND/BRL, SNT/BUSD, SUN/BUSD, VET/GBP.
Tokocrypto shelves IPO plans after being acquired by Binance
On August 14th, Tokocrypto put its IPO plans on hold after being acquired by Binance and new leadership taking over. Tokocrypto co-founder Pang Xue Kai had previously stated in January 2022 that Tokocrypto was preparing to go public in 2024 or 2025. New CEO Yudhono Rawis stated that the company does not have a clear goal for an IPO.
Binance will adjust the leverage margin tier and funding rate frequency of BLZ U-margined perpetual contracts
On August 14th, according to an official announcement, Binance will update the BLZU perpetual contract leverage and margin ladder at 19:30 on August 14th, 2023. Existing positions before the update will be affected, so users should refer to the updated leverage and margin ladder to adjust their margin to avoid forced liquidation.
In addition, Binance will adjust the BLZU perpetual contract funding rate settlement frequency at 18:00 on August 14th, 2023. The funding rate settlement frequency will be changed from every eight hours to every four hours.
Binance: CyberConnect (CYBER), Sei (SEI) Will Open Trading Soon
Binance announced that it will list CyberConnect (CYBER) and Sei (SEI) on August 15, 2023 at 20:00 (GMT+8), and open trading pairs including CYBER/BNB, CYBER/BTC, CYBER/FDUSD, CYBER/TRY, CYBER/USDT, SEI/BNB, SEI/BTC, SEI/FDUSD, SEI/TRY, and SEI/USDT. Additionally, Binance spot grid trading will be available within 48 hours after the launch of CYBER/BTC, CYBER/USDT, SEI/BTC, and SEI/USDT spot trading pairs.
Data: A Giant Whale Transferred More Than 22,000 ETH to Binance 2 Hours Ago, or About $41.1 Million
According to on-chain analyst Yu Jin's monitoring, a certain whale transferred 22,340 ETH (approximately $41.1 million) to Binance two hours ago and withdrew 12.88 million USDT 20 minutes later. After the whale transferred ETH to Binance, the price of ETH dropped from $1,844 to $1,834.5, with corresponding trading volume. The whale's ETH should have been partially or fully sold.
Data: An address transferred 65,000 SSVs to Binance, which is about $1.15 million
On August 12th, according to blockchain data analyst Yu Jin, an address transferred 65,000 SSV (equivalent to approximately $1.15 million USD) to Binance 30 minutes ago. This address had withdrawn 65,000 SSV from Binance on June 7th at an average price of $20.13 USD per coin. If sold at current prices, the SSV investment by this address is expected to result in a loss of $150,000 USD, a decrease of 12%.
Shiba’s Open Interest Breaks $100 Million on Binance
Coinglass data shows that the open interest of Binance's SHIB futures has more than doubled this month, reaching a peak since February 5th at $101.65 million. The size of SHIB futures is 1000 SHIB per contract with a leverage of up to 25 times. The market value of SHIB has surged nearly 32% to $6.58 billion.
