A Whale 0x733 deposited 5M SAND into Binance
June 29 (Cointime) -According to Spotonchain, Wallet 0x733 deposited 5M $SAND to #Binance at $0.4 (~$2M) an hr ago. Notably, it received 10M $SAND from @TheSandboxGame via wallet 0x73b 10 hrs ago.
Binance's EUR Banking Partner Paysafe to Stop Supporting Crypto Exchange
June 28 (Cointime) - Binance's current banking partner for EUR transactions, Paysafe Payment Solutions Limited, will no longer provide services to the crypto exchange after September 25.
TrueUSD Trading Volume Bragged About Amid Peg Loss and Custodian Concerns
June 28 (Cointime) - The team behind TrueUSD is promoting its trading volume despite the recent depegging of the stablecoin from the US dollar, which has caused concern among holders. TUSD's value fell to 80 cents on Binance US before stabilizing around 90 cents.
SEC Chair Gary Gensler's Hard Stance on Cryptocurrency Causes Turmoil and Speculation
June 28 (Cointime) - The recent actions taken by the SEC against Coinbase and Binance have caused disruption in the crypto industry, leading to major players making changes. Due to limited demand, Crypto.com is winding down its institutional business in the US, while Robinhood testified about the SEC's lack of assistance in registering as a digital assets broker.
Binance Co-Founder Yi He Discusses Relationship with CEO and Co-Founder Changpeng Zhao
June 28 (Cointime) - Yi He, co-founder of Binance, has dismissed any comparison between her relationship with Binance CEO Changpeng Zhao and the past romantic connection between Sam Bankman-Fried and his ex-colleague Caroline Ellison.
Shiba Inu Token Transfer of Close to 9 Billion and Top Team Member Predicts Surge for BONE Token
June 28 (Cointime) - Over the past hour, a massive 8.8 billion Shiba Inu tokens have been transferred between various wallets, including those belonging to major exchanges Binance and Gate.io.
Hong Kong Virtual Asset Consortium Considers Adding Terra Luna Classic to Digital Asset Index
June 28 (Cointime) - Hong Kong Virtual Asset Consortium (HKVAC) is considering adding Terra Luna Classic (LUNC) to its digital asset index, following a request from a community member. The HKVAC team has acknowledged the reputation and strengths of LUNC, as well as its connections with crypto exchange Binance.
Turkish Lira Traders Turn to Memecoin PEPE Amidst Significant Decline in Value
June 28 (Cointime) - The Turkish lira has depreciated significantly against the US dollar, prompting some traders to seek alternative options like memecoin PEPE. On Binance, lira holders have traded $682 million worth of PEPE in the past two months, making it the fourth most traded cryptocurrency for lira volume on the platform.
Binance Launches NFT Project of the Year Poll with Physical Award for Winner
June 28 (Cointime) - Binance has launched a poll for users to vote for their favorite NFT project, with the winner receiving a physical Binance award. The nominees include popular projects such as The Bored Ape Yacht Club and Azuki.
New Dual Investment Products Launched on Binance
June 28 (Cointime) - Binance has launched a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize our Sell High or Buy Low products.
A Whale with 25,000 ETH made a 100% Win Rate in 18 Days
June 28 (Cointime) -According to the news of on-chain analyst Yu Ashes, a giant whale made a 100% win rate through swing profit. 25000 ETH ($47.25M) bought in the early morning of 6/8-10 was transferred into Binance, and this time he expected to realize a profit of $2.05M. 0:30 ETH went up to $1890 when he transferred 25000 ETH into Binance; 1:00 ETH topped out and fell; 2 At :00 he withdraws $15.9M USDT from Binance.
Sui Foundation Denies Selling Staking Rewards on Binance Exchange
June 27 (Cointime) - The Sui Foundation has denied selling staking rewards or any other tokens from locked and non-circulating staked SUI on Binance or elsewhere. The foundation confirmed that all insider token allocations remain subject to and compliant with their lock ups and other restrictions on transfer.
SEC Files 13 Charges Against Binance for Allowing US Customers To Trade, As Regulatory Pressure Mounts in Europe
June 27 (Cointime) - Binance and its founder, Changpeng Zhao, have been hit with 13 charges by the SEC for allowing US customers to trade on its platform in violation of compliance rules. Despite Binance's attorneys stating that the charges will not affect trading at its US subsidiary or funding from lenders, the situation looks bleak.
Bitcoin Cash Open Interest Surges to Over $400 Million as Network Revives and Plans for Scaling System Emerge
June 27 (Cointime) - Bitcoin Cash's open interest in futures has surged to over $400 million, indicating higher inflows and improved sentiment. This surge in open interest is likely due to the network's revival of activity and value, with BCH prices doubling in the past week. The majority of the trading interest has come from Binance, where traders opened $240 million worth of BCH long or short positions.
Terra Luna Classic Proposes Burning Reminted LUNC Tokens from Binance Community Pool
June 27 (Cointime) - A proposal has been put forward by Terra Luna Classic to burn all LUNC tokens from the community pool that were reminted from Binance's LUNC burn mechanism. The proposal aims to burn 899,224,538.5 LUNC from the community pool, but the community remains divided on the issue.
Binance Will Open Trading for Maverick Protocol (MAV)
June 27 (Cointime) - According to the official announcement, Binance will list Maverick Protocol (MAV) and open trading for MAV/BTC, MAV/USDT, and MAV/TUSD trading pairs at 2023-06-28 08:00 (UTC). Users will enjoy zero maker fees on the MAV/TUSD trading pair until further notice.
New Range Bound Products Launched on Binance
June 27 (Cointime) - Binance has launched a new batch of Range Bound products with updated Price Ranges and Settlement Dates, which users may utilize to potentially earn higher rewards in times of low market volatility.
Court Denies Binance Request To Prevent SEC From Making Misleading Statements
June 26 (Cointime) - The court overseeing the SEC's case against Binance has ruled that there is no need to revise either party's public statements from June 26.
Federal Judge Denies Binance's Request to Rebuke SEC Over Press Release Language in Lawsuit
June 26 (Cointime) - Binance's request for the federal judge presiding over the SEC case against them to rebuke the regulator over language used in a press release has been denied.
Bitcoin's Lightning Network Reaches New All-Time High in Node Capacity and USD Countervalue
June 26 (Cointime) - The Bitcoin Lightning Network has achieved a new all-time high in node capacity, with 5,630 BTC now accommodated. This corresponds to $170 million in USD countervalue, which has been steadily increasing but is still far from the ATH of November 2021. The network's growth is expected to accelerate when Binance integrates the Layer 2 within its platform, allowing for micro BTC transfers even for newbies.
