9682 ETH transferred from unknown wallet to Binance
According to Whale Alert monitoring data, at around 10:01 Beijing time, 9,682 ETH (worth about $21,534,509) was transferred from an unknown wallet to Binance.
About 20 minutes ago, two addresses withdrew 23.02 million STORJ from the exchange.
As monitored by blockchain analyst Yu Jin, about 20 minutes ago, two addresses withdrew 23.02 million STORJ from Binance and OKEx.
BNB Chain core team launches "BNB Bridge attacker account remediation" proposal on Venus
On December 15th, the BNB Chain core team launched the "BNB Bridge Attacker Account Remediation" proposal on the Venus Protocol, a BNB Chain-based lending protocol. The proposal aims to give BNB Chain discretion to seize the collateral of the BNB Bridge attacker and repay their debt, while avoiding any market liquidation of BNB.
Binance US once again requests that the SEC v. Binance case be dismissed, saying that the SEC failed to reasonably allege any investment contract and securities law violations
According to CoinGape, court documents from the District Court of Columbia show that Binance US is seeking court approval to dismiss the SEC's lawsuit against Binance Holdings by collaborating with multiple parties. Binance US has also hired multiple lawyers to join the dismissal case and stated that the SEC has failed to reasonably charge any investment contract and securities law violations.
Binance: Wallet maintenance will be carried out in the next few days, and related large-value transactions may occur on multiple networks
Binance has announced that they will be conducting standard wallet maintenance in the next few days. As a result, the community may notice some large transactions on the Binance wallet across multiple networks.
Binance flash swap trading platform has launched BONK
Binance announced that Binance DEX has launched a new asset, BONK. Users can now exchange BONK for BTC, USDT, or other tokens supported by Binance DEX.
Philippines SEC: Ban on Binance will take effect three months after announcement
Kelvin Lee, chairman of the Philippine Securities and Exchange Commission, clarified at a panel discussion on December 13 that the ban on Binance will take effect three months after the announcement is made. The Philippine regulatory agency issued a warning to Binance for operating without a license on November 28. In addition to Binance, Lee also said that OctaFX and MiTrade, two exchanges recently warned for unregistered operations, will also face a ban after three months.<br>The local securities association said that they have a "considerable" list of unregistered exchanges that will gradually come to light. However, after seeing the action taken against Binance, they are also taking a "wait-and-see" attitude towards whether these exchanges are registered.
Binance and Binance.US argue SEC did not meet "Howey Test" requirements in latest filing
Binance, Binance.US, and Changpeng Zhao have filed a reply to the SEC's lawsuit, arguing that the regulator did not meet the requirements of the "Howey Test." The filing states that the SEC did not show that the exchanges' U.S. customers had any contracts that would meet the definition of an "investment contract." Binance also pushed back against the SEC's adding the exchange's guilty plea with the DOJ and consent order with FinCEN, or Zhao's own DOJ plea, in the ongoing case. The filing argues that securities laws wouldn't apply the same way the Bank Secrecy Act or International Emergency Economic Powers Act did.
Binance responded to the SEC’s supplementary briefing: the settlement agreement with the US DOJ has no substantial connection with the SEC’s accusations
On December 13th, Binance submitted documents to the federal court in the District of Columbia, stating that the settlement agreement reached between Binance and the US DOJ and FinCEN is not substantively related to the SEC's charges against Binance, and that the SEC's supplemental briefing did not provide new and effective evidence in this case.
Chain game My Neighbor Alice migrates from BNB Chain to Chromia network
On December 12th, My Neighbor Alice, a blockchain game, has migrated from BNB Chain to Chromia network before launching on the Chromia mainnet. On the occasion of releasing the fourth season content package today, the developers have also launched a corresponding cross-chain bridge, allowing NFT owners to transfer their assets to the new chain to create new Chromia NFTs in the game. According to the press release, players participating in the game on the new chain do not need to pay gas fees or sign transactions.
BNB Chain releases BNB Greenfield technology roadmap
BNB Chain has released the BNB Greenfield technology roadmap, aimed at improving performance, enhancing development experience, and expanding multi-chain functionality.<br>The roadmap is primarily based on three key principles: high performance, simplified development experience, and multi-chain platform, including:<br>Greenfield will also address challenges related to artificial intelligence (AI), including ownership, transparency, and innovation, by integrating it with Web3 on BNB Chain. In addition, Greenfield will enable smart contracts as resource owners between Q4 2023 and Q1 2024 to better control the permissions of BSC/opBNB.Increasing the upload and download speed of SP by 5 times, respectively from 2MB/s to 10MB/s and from 20MB/s to 100MB/s; being compatible with popular Web2 and Web3 standards to simplify development experience; introducing rich storage capabilities, including resource tagging, indexing, simplified data migration, and object atomic updates; providing powerful infrastructure through multi-chain platform for full-chain or decentralized applications (dApps), achieving cross-chain programmability with opBNB and EVM-compatible chains; Greenfield will also be positioned as the basic data availability (DA) layer of the opBNB and NB smart chain ecosystems.
Former head of SEC Internet Enforcement Division: Newly released Department of Justice documents mark the end of Binance
A former internet enforcement official at the US SEC has warned that the newly released DOJ documents should signal the end of Binance. He noted that the US Securities and Exchange Commission has stepped up legal action against cryptocurrency exchanges.He added, "In my view, the collapse of the entire Binance defense trading is only a matter of time, which will lead to additional charges against Binance, additional charges against Zhao Changpeng, and new charges against anyone else (partners, customers, joint ventures, collaborators, etc.) who has any connection with the Binance criminal gang."
Binance will support Filecoin (FIL) network upgrade and hard fork
Binance will support the Filecoin (FIL) network upgrade and hard fork, with the following specific arrangements:
Binance spot trading market share drops to 30%
According to data provided by CCData, as of December, Binance's market share in the cryptocurrency spot trading market was only 30.1%, compared to 55% at the beginning of the year. From January to September, the exchange's monthly spot trading volume decreased by more than 70%, from $474 billion to $114 billion.
Binance Alliance He Yijiang and the new CEO will hold a Chinese AMA on the X platform at 8pm on the 12th
According to official sources, He Yi, co-founder of Binance, will hold a Chinese AMA on X platform at 8pm on the 12th with Binance's new CEO, Richard Teng, to answer questions from Chinese media and community users.
BNB briefly breaks through $240
According to market data on December 11th, BNB briefly broke through $240 and is currently trading at $240.6, with a 1-hour increase of 1.78%.<br>Prior to this, Binance announced the 40th phase of new coin mining using BNB and FDUSD to mine Fusionist (ACE).
Binance faces unprecedented compliance regulatory pressure from U.S. regulators
According to John Reed Stark, former head of the Internet Enforcement Office at the US Securities and Exchange Commission (SEC), Binance has made a series of unprecedented compliance commitments in its plea agreement with the US Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN). These commitments include establishing new procedures for handling policies, procedures and internal controls, customer and third-party relationships, anti-evasion controls, regular reviews, appropriate supervision and independence, training and guidance, comprehensive reporting and investigation, enforcement and discipline, and monitoring, testing and auditing.
A whale deposited 3,000 Bitcoins into Binance today and is expected to make a profit of US$23 million.
On December 9th, Lookonchain monitoring reported that a whale deposited 3000 bitcoins (worth about 132.7 million US dollars) into Binance today, and is expected to earn 23 million US dollars in profit.
BNB Chain: Be wary of the high risks in multiple DApps such as Melon Coin
BNB Chain posted on social media that DappBay's "Red Alarm" identified multiple high-risk DApps this week, including Melon Coin, Xrewards, Money Coin, Wpepe, Genie Bot, and Coinman.
He Yi: Binance will establish a headquarters and board of directors as soon as possible, but it will not be directly related to transparency
He Yi, co-founder of Binance, posted on social media saying that scaremongering will not kill Binance, but will only make more people stand with Binance. Because this is an era of highly transparent information and technology changes the world. Binance is a newly established technology company, and we will soon establish our headquarters and board of directors. However, this is not directly related to transparency and success, but it needs to better fit the image of "financial institutions".
