Wintermute recharged $5.86 million worth of APE to Binance in the past 4 hours
According to on-chain analyst @ai_9684xtpa, Wintermute has once again deposited $5.86 million worth of APE into Binance in the past 4 hours. Over the past week, Wintermute has transferred a total of 8.79 million APE (approximately $11.39 million) to the trading platform, corresponding to a 61% increase in APE over the past seven days. The turning point occurred on October 21 when Apecoin's treasury was suspected of selling, and since then the coin price has fallen 34% (from $1.73 to $1.14).
Binance executives did not appear in Nigerian court due to serious illness, and the trial was postponed to October 25
Golden Finance reported that Tigran Gambaryan, the compliance chief of Binance, was unable to attend the trial in Nigeria for several months due to his serious illness. Tigran Gambaryan's lawyer, Mark Mordi, requested an adjournment to check his client's health condition. The judge agreed and postponed the trial until October 25th.
Banana Gun Treasury transferred 75,000 BANANA to Galaxy 5 hours ago and then transferred 25,000 to Binance
According to Yu Jin's monitoring , 75,000 $BANANA ($3.75M) were transferred from the Banana Gun treasury to a Galaxy address 5 hours ago. Subsequently, 25,000 ($1.25M) of them were transferred to Binance in the past 2 hours.
In the past 30 days, the balance of Binance Bitcoin wallet increased by more than 9,000 BTC, and Coinbase Pro decreased by more than 18,000 BTC
According to Coinglass data, the current balance of Bitcoin wallet on Coinbase Pro is 841,253.33 coins, ranking first in CEX; 1770.32 coins flowed in the past 24 hours, 306.45 coins flowed in the past 7 days, and 18097.97 coins flowed out in the past 30 days.
Binance Completes Render (RNDR) Token Swap and Rebrands to Render (RENDER)
Binance has completed the token swap and rebranding of Render (RNDR) to Render (RENDER), and has opened up deposit and withdrawal services for the new RENDER token. Binance has opened spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL on July 26, 2024 at 16:00 (UTC+8). Binance will use RENDER as the Render code; the tokens have been distributed at a ratio of 1 old RNDR = 1 new RENDER.
A newly created wallet withdrew 321 BNB from Binance today and bought 628.3 billion BNB Chain Meme coins WHY
Lookonchain monitoring shows that the Meme coin WHY has set a new high on BNB Chain, with liquidity of $18 million and FDV of $129 million. A newly created wallet today withdrew 321 BNB from Binance and purchased 6.283 billion WHY at an average price of $0.0000002944 per coin.
A whale transferred $2.1 million worth of SNX to Binance 4 hours ago, or a loss of 13%
According to Yu Jin's monitoring, a whale sold 1,067,930 SNX (worth $2.1 million) on Binance 4 hours ago, causing the SNX price to drop by 7.4%. These SNX were withdrawn from Binance at an average price of $2.173 between January 31, 2023 and July 12, 2023, and were sold today, resulting in an expected loss of 13% for the investor.
BNB Chain has completed the second Sunset fork
According to official information from BNB Chain, it has completed its second Sunset fork. The second Sunset fork will migrate the BNB beacon chain staking function to the BNB smart chain, and all assets need to be migrated from the beacon chain to the BNB smart chain. BNB Chain reminds users:1. Staked BNB: If BNB is staked, it needs to be migrated. If it is not migrated before July 14th, the staking will be automatically cancelled and returned to the user's account within 2 weeks.2. BNB and other BEP2 assets: These assets also need to be migrated from the beacon chain to the BNB smart chain. If the assets are not migrated, they will not be transferable after August 15th. If the asset migration is not completed yet, it needs to be done before July 14th.
Binance: Bitcoin miners record longest streak of net selling since 2017
Binance released its market insights for July, including:
More than 6,500 BTC flowed into Binance in the past 7 days
According to the latest data from Coinglass, 6,579.01 bitcoins flowed into Binance exchange wallet in the past week, 4,248.62 bitcoins flowed into Bitfinex exchange wallet, and 3,187 bitcoins flowed into OKX exchange wallet.
smartestmoney.eth transferred 6440 ETH to Binance half an hour ago
According to on-chain analyst @ai_9684xtpa, smartestmoney.eth deposited 6,440 ETH worth $19.54 million into Binance half an hour ago.
The balance of Binance Bitcoin wallet increased by 9914.77 in the past 7 days
On July 6th, Coinglass data shows that the current balance of Bitcoin wallet on Coinbase Pro is 861,205.13 coins, ranking first among CEX; in the past 24 hours, 514.07 coins flowed in, in the past 7 days, 537.74 coins flowed in, and in the past 30 days, 28,600.12 coins flowed out. The balance of Bitcoin wallet on Binance is 612,898.11 coins, with 1,028.20 coins flowing out in the past 24 hours, 9,914.77 coins flowing in the past 7 days, and 37,800.45 coins flowing in the past 30 days. The balance of Bitcoin wallet on Bitfinex is 402,586.32 coins, with 568.43 coins flowing in the past 24 hours, 4,199.01 coins flowing in the past 7 days, and 10,292.01 coins flowing in the past 30 days.
BNB breaks above $510
The market shows that BNB has broken through $510 and is now trading at $510.1, with a daily increase of 8.44%. The market is volatile, so please be prepared for risk control.
Nigeria's central bank accuses Binance of operating without a license in the country
A senior official of the Central Bank of Nigeria (CBN), Akinwumi, accused Binance of operating without a license in the country during a recent court hearing in Abuja. In response to questioning by the prosecution led by EFCC adviser Ekele Iheanacho, Akinwumi stated: "CBN has not issued any license to Binance." In addition, Binance executive Tigran Gambaryan faces money laundering charges. He was arrested by Nigerian authorities in February 2024 and later released due to deteriorating health. At a previous hearing, he fell ill in court and was diagnosed with malaria. This prompted US politicians to lobby President Biden to release Gambaryan.
BNB falls below $500
Binance-BNB/USDT is currently trading at $500.30, up 5.66% in the past 24 hours.
BNB falls below $570
Market data shows that BNB has fallen below $570 and is currently trading at $569.9, with a daily decline of 0.11%. The market is volatile, so please be prepared for risk control.
Former SEC official: The burden of proof always lies with the SEC to prove that a product is a security
According to recent news that a US judge rejected the SEC's allegations against Binance BNB secondary sales and Simple Earn, John Reed Stark, former director of the SEC's Internet Enforcement Office, posted on X platform that the burden of proof always lies with the SEC to prove that a product is a security. He pointed out that the judge only required the SEC to prove that the people who bought Binance products were "investors" and that they bought Binance products because they hoped the price would rise, not "customers" who bought Binance products because the product provided some practicality (such as trading discounts). According to the judge, if digital asset securities are transformed into a practical tool in some way rather than an investment speculation tool, then it is "no longer a security". It is worth noting that the judge explicitly rejected the confusing finding in the Ripple ruling that there must be some contractual relationship between investors and issuers in the secondary market to trigger registration requirements, which is a conclusion that has never been adopted or even cited in any form by other courts in other regions. Considering Binance's main business line, it is not believed that this decision will benefit Binance, have a positive impact on the digital asset industry, or benefit digital asset investors.
US judge allows SEC to proceed with most of lawsuit against Binance
A federal judge has dismissed some of the lawsuits brought by the U.S. Securities and Exchange Commission (SEC) against the cryptocurrency trading platform Binance and its founder CZ. The SEC can continue with its allegations against Binance's initial token offering and ongoing sales of BNB, BNB Vault, staking services, unregistered and fraudulent activities. The judge approved Binance and CZ's motion and dismissed the charges related to the secondary market sale of BNB and Simple Earn.
Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
