Binance Margin Will Delist CKB/BUSD, CTK/BUSD, ELF/BUSD, FOR/BUSD, PERP/BUSD, SKL/BUSD, UNFI/BUSD Isolated Margin Trading Pairs
According to the official announcement of Binance: Binance Margin Trading Platform will suspend the loan business of CKB/BUSD, CTK/BUSD, ELF/BUSD, FOR/BUSD, PERP/BUSD, SKL/BUSD, UNFI/BUSD isolated margin trading at 14:00 on July 26, 2023 (Eastern Eighth District Time); East 8th District time) to automatically close and liquidate isolated margin positions of CKB/BUSD, CTK/BUSD, ELF/BUSD, FOR/BUSD, PERP/BUSD, SKL/BUSD, UNFI/BUSD, and cancel all pending orders of users on isolated margin trading pairs. After that, the above isolated trading pairs will be delisted from the isolated margin.
Data: 1086 BTC Transferred From Unknown Wallet to Binance
According to Whale Alert monitoring data: 1,086 BTC (worth approximately $31,644,788) were transferred from an unknown wallet to Binance.
Binance and CEO Zhao Plan to Seek Dismissal of CFTC Complaint
Binance and Changpeng Zhao filed a license application with the U.S. District Court for the Northern District of Illinois, planning to file a legal memorandum to initiate a motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC).
Binance Futures Will Launch USD-M WLD Perpetual Contract With Up to 20x Leverage
According to Binance, Binance Futures will launch the USDⓈ-M WLD perpetual contract at 2023-07-24 12:00 (UTC), with up to 20x leverage. <br>
Binance：Notice of Removal of Trading Pairs - 2023-07-26
According to Binance that will remove and cease trading on the following spot trading pairs at 2023-07-26 03:00 (UTC), Spot Pairs: ACM/BUSD, ALPACA/BUSD, BAR/BUSD, LSK/BUSD, QTUM/BUSD, TFUEL/BUSD.<br>
Binance Adjusts STMX U-Margined Perpetual Contract Leverage, Margin Tier and Funding Rate Settlement Frequency
According to the official announcement, Binance will update the STMX/USDT U-margined perpetual contract leverage and margin ladder at 15:15 on July 23 (Eastern Eighth District Time), and users' existing positions before the update will be affected. Users need to refer to the updated leverage and margin ladder to adjust the margin to avoid forced liquidation.<a href="https://www.binance.com/zh-CN/support/announcement/%E5%B8%81%E5%AE%89stmx-u%E6%9C%AC%E4%BD%8D%E6%B0%B8%E7%BB%AD%E5%90%88%E7%BA%A6%E6%9D%A0%E6%9D%A0%E5%92%8C%E4%BF%9D%E8%AF%81%E9%87%91%E9%98%B6%E6%A2%AF%E5%8F%8A%E8%B5%84%E9%87%91%E8%B4%B9%E7%8E%87%E7%BB%93%E7%AE%97%E9%A2%91%E7%8E%87%E8%B0%83%E6%95%B4%E5%85%AC%E5%91%8A-2023-07-23-c83d5650ed1048c2ab0b0d28562c2332"> Click here to view details.</a>
Robinhood and Binance Purchase 732 Million Dogecoin
The creator of Dogecoin, Billy Markus, expressed surprise on Twitter about discovering a computer game called "Humanity" where players guide humans to ascension as a Shiba Inu doge. The game was created by PlayStation and caused a stir within the Shiba Inu community despite not being associated with either SHIB or DOGE. Markus is considering streaming himself playing the game. In other news, Robinhood and Binance were involved in consecutive transactions of nearly 800 million Dogecoin, with the largest transfer of 450 million coins worth $32.9 million going to Robinhood. Dogecoin remains a popular trading asset with a roughly 10% increase in trading volume over the past 24 hours.
A Giant Whale Transferred 4,200 MKR to Binance and Made a Profit of About $1.6 Million
A smart whale has deposited 4,200 MKR ($4.6 million) to Binance, with MKR currently priced at $1,086. He bought at an average price of $750, which brought him a profit of about $1.6 million (50%).
Whale Transfer of 16,000 ETH to Binance Beacon Chain Does Not Trigger Significant Rise in Staked Deposits
A whale transferred 16,000 ETH from Binance to the Binance Beacon Chain, indicating improved staking on the platform. However, Ether deposits on the Beacon Chain have not had a stable direction and were down to 10,900 ETH at press time. Despite this, withdrawals did not follow with a hike, suggesting that validators had more conviction in the long-term value of staking ETH rather than short-term performance. It is worth noting that most of the ETH and staked Ether deposits were not on exchanges, with the supply outside of exchanges being ten times the exchange supply.
Binance Slashes Costs, Ripple Ready for US Banks and Crypto VCs Return
Binance, the world's most popular centralized crypto exchange, has reportedly let go of over 1,000 employees and cut some benefits due to a decline in profits caused by regulatory and market factors. The company may consider scaling back on certain products, business units, staff benefits, and policies in response to business and regulatory concerns. Despite facing charges brought against it by the SEC and an investigation by the U.S. Justice Department, Binance still holds assets worth over $63 billion. Coinfund has raised $158 million for its Seed IV Fund, indicating a resurgence of interest in the industry, although the total volume of venture funding for crypto startups has declined by 76% year-over-year. BlackRock's application for a Bitcoin exchange-traded fund has sparked predictions of a new crypto bull market, with some experts predicting a "speculative blow-off top" in 2024.
Binance CEO Warns Against Rising Phishing Attacks in Cryptocurrency Industry
Binance CEO Changpeng Zhao has issued a warning about the increasing number of phishing attacks in the cryptocurrency industry. He advised users to rely on hardware devices for two-factor authentication (2FA) instead of mobile carrier-based 2FA. This comes after Uniswap founder Hayden Adams had his Twitter account compromised and the attacker attempted to scam his followers through a malicious link. Social engineering attacks, such as SIM swap attacks, are on the rise in the industry and experts recommend using methods like Google Authenticator or Authy instead of SMS for 2FA verification.
Binance Completes Integration of Pendle (PENDLE) on BNB Smart Chain, Opens Deposits and Withdrawals
According to Binance, Binance has completed the integration of Pendle (PENDLE) on BNB Smart Chain (BEP20). Deposits and withdrawals for Pendle (PENDLE) are now open on BNB Smart Chain (BEP20).
A Whale deposited 409,823 SOL (~10,333,835 USD) into Binance
According to Whalealert, 15 mins ago, 409,823 SOL (10,333,835 USD) has been transferred from unknown wallet to Binance.
Binance Report Shows Resilience of Global Crypto Industry in First Half of 2023
Binance's 120-page report on the first half of 2023 highlights the crypto industry's resilience after the crypto winter. Bitcoin, stablecoins, DeFi, and NFTs have all experienced growth, with DeFi seeing a 43% year-to-date increase and NFT volume rising compared to the second half of 2022. The top 10 funds raised $3.6 billion in fundraising, and USDT increased its market share by 26%.
Binance Gives Dutch Customers One Month To Withdraw Holdings Following License Denial
Binance has informed its Dutch customers that they have until August 17 to withdraw their holdings after the crypto exchange failed to receive a license from the central bank of the Netherlands.
Unidentified Whale Withdraws Over 563K XRP from Binance, Bringing Total Withdrawals to 2 Million XRP and Unrealized Profit of $640K+
An unidentified whale has withdrawn over 563,000 XRP from Binance, bringing their total withdrawals to over 2 million XRP and an unrealized profit of over $640,000. This comes as XRP has seen a 73% increase in value since a judge ruled it is not a security.
Binance Raises $2.5 Million in ARKM Token Sale for On-Chain Analytics Provider Arkham Intelligence
Binance has raised almost $2.5 million worth of BNB through the public sale of ARKM tokens on behalf of Arkham Intelligence. The sale raised 10,288 BNB tokens from 114,454 participants, with each ARKM token sold for approximately $0.05.
Binance Suspends Certain Market Order Functions Due to Technical Issues
Binance, the world's top cryptocurrency exchange in terms of daily trading volume, is facing technical difficulties and has suspended certain market order functions. The platform has temporarily halted Market Order-Total and Slider for Amount Customization for all spot and margin trading pairs due to a technical issue.
XRP Futures Open Interest Hits Record High of $1.1 Billion Amid Token Surge
Open interest on XRP futures has hit a new record high for the year, surpassing $1.1 billion in the past 24 hours. XRP tokens have seen a 6% surge for two consecutive days, reaching 80 cents before dropping back. The majority of these positions are held on Binance, with $443 million worth of open interest.
Binance Will Perform a Scheduled System Maintenance for Selected Binance Earn Products at 20th July
Binance will perform a scheduled system maintenance for selected Binance Earn products at 2023-07-20 06:00 (UTC). The maintenance will take approximately one hour.
